Iceland’s Prime Minister Katrín Jakobsdóttir has vowed to focus extra energy on producing meals internally whereas lowering the power expenditure in knowledge facilities and bitcoin mining. Jakobsdóttir acknowledged that whereas the nation was working to realize carbon neutrality, bitcoin and cryptocurrencies have been “not a part of that mission.” Iceland’s Prime Minister to Shift Energy Away From […]
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Financial Squeeze Tightens for Bitcoin Miners as Earnings Continue to Fall
On Friday, Bitcoin’s hashprice was $56.95 per petahash per second (PH/s), however by Sunday, it had dropped to $51.66 per...