Icelands Prime Minister Vows to Prioritize Food Security Over Bitcoin

Iceland’s Prime Minister Katrín Jakobsdóttir has vowed to focus more power on producing food internally while reducing the energy expenditure in data centers and bitcoin mining. Jakobsdóttir stated that while the country was working to achieve carbon neutrality, bitcoin and cryptocurrencies were “not part of that mission.” Iceland’s Prime Minister to Shift Power Away From [...]

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Iceland cuts power to new Bitcoin miners

Starting December 7, no new requests for power from Bitcoin mining operations will be accepted from the country’s energy utility service.

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Report: Bitcoin miner Bit Digital expands in Iceland, stock jumps

Bit Digital (NASDAQ: BTBT), a leading Bitcoin mining company, is working to expand its operations in Iceland as the situation in the US worsens.  In a statement, Samir Tabar, the company’s CEO, said that the regulatory situation in the US forced the firm to look for alternatives. He said that the company has already acquired …

<p>The post Report: Bitcoin miner Bit Digital expands in Iceland, stock jumps first appeared on CCNC | Cryptocurrency Newscast.</p>

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