Bitcoin mining centres in Iceland are likely to use more electricity than all the island nation's homes this year, according to Johann Snorri Sigurbergsson, a spokesman for energy firm HS Orka. He said data centres, keen to demonstrate their green credentials, were attracted by Iceland's near 100% renewable energy output, sparking "exponential growth" in consumption. He added HS Orka was looking to form long-term relationships with businesses, and said the firm has received more data centre proposals than Iceland's grid could cope with. The Moonlite Project, a zero MW data centre, is set to open later this year.
Bitcoin mining centres in Iceland are likely to use more electricity than all the island nation's homes this year, according to Johann Snorri Sigurbergsson, a spokesman for energy firm HS Orka. He said data centres, keen to demonstrate their green credentials, were attracted by Iceland's near 100% renewable energy output, sparking "exponential growth" in consumption. He added HS Orka was looking to form long-term relationships with businesses, and said the firm has received more data centre proposals than Iceland's grid could cope with. The Moonlite Project, a 15 MW data centre, is set to open later this year.