All the electricity Iceland gets from renewable sources.
Mining for bitcoins in Iceland has entered a stage of exponential growth, and this activity takes more and more energy resources of the country, said the representative of the local energy company HS Orka.
This year, the electricity consumption centers of bitcoin mining will likely exceed the energy consumption of the entire population, said Johann Snorri Sigurbergsson.
According to him, more and more people want to engage in mining.
“If all these projects are implemented, we will not have enough electricity,” he said.