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RSS FeedsAfter 2017´s `Cowboy` Crypto Era, Iceland´s Miners Look Forward to a Divested Future
(WorldNews Europe)

 
 

23 september 2018 12:26:49

 
After 2017´s `Cowboy` Crypto Era, Iceland´s Miners Look Forward to a Divested Future
(WorldNews Europe)
 


Last December, as bitcoin reached its highest price, Advania, Iceland’s largest data center provider, struggled under the weight of demand from foreigners desperate to tap into the country’s unique, crypto-friendly metrics. “We have seen a lot of cowboys,” one manager tells Red Herring: people who, “in our experience, are just identities that come and go.” It was frenetic, if expected: Iceland, with 98% of its electricity grid coming from renewable geothermal energy,...


 
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