Bitcoin’s Green Haven Is Running Out of Surplus Electricity

Bitcoin’s Green Haven Is Running Out of Surplus Electricity

The Nordic region is losing its edge in green Bitcoin mining, just as the industry faces growing scrutiny for its carbon emissions and everyone from Elon Musk to mom-and-pop investors pile in.

Iceland, Sweden and Norway have been popular mining locations because of an abundance of geothermal, hydro and wind power. China, where most coins are mined, relies mainly on coal. That Nordic…


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