Where Bitcoin Mining Might Actually Make Sense

Not only does Iceland run almost entirely on renewable energy, it has historically operated at a surplus. Bitcoin miners and other digital asset generators have been buying up that extra energy to power data centers across the island nation. But some environmentalists worry the exponential electricity demands of the controversial asset class will inevitably result in more power plants, which could damage Iceland’s unique ecosystems. #crypto #bitcoin #iceland -------- Like this video? Subscribe: Become a Quicktake Member for exclusive perks: Bloomberg Originals offers bold takes for curious minds on today’s biggest topics. Hosted by experts covering stories you haven’t seen and viewpoints you haven’t heard, you’ll discover cinematic, data-led shows that investigate the intersection of business and culture. Exploring every angle of climate change, technology, finance, sports and beyond, Bloomber