Iceland has decided to take the bull by the horn. Rather than struggling with Bitcoin mining, Iceland goes for the technology itself. This is awesome. Read more below:
Icelands crypto industry is expected to move away from crypto mining and shift to pure blockchain businesses. This is according to forecasts made by a number of local industry insiders who talked to the news site Red Herring September 23.
This is a welcome development, Iceland Crypto industry shifting to pure blockchain businesses will help in the wide adoption of the blockchain technology and as bitcoin is the most popular of them all, it will affect it's price and adoption positively. Beside the mining industry is not that profitable anymore and it's getting centralized so I see no reason why they shouldn't have moved to something much profitable.