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