more energy is spent on cryptocurrency mining than the whole of Iceland consumes
Now, researchers have found that mining bitcoins and ether alone, not counting the mining of other cryptocurrencies, consumes more energy than a country like Jordan, Iceland or Syria
People are not doing business but calculations
Icelanders in feverish calculations about whether it is worth encouraging the transfer of mining power to their country Grin Well, what can we say about such studies that they do not reach the level of the Nobel Prize
what is the use of this calculation? You can calculate how much energy is spent on maintaining indoor ice rinks (especially in hot countries) and go nuts. What's the point?
In global warming! And, by the way, its not a fact that in hot countries such skating rinks really exist and at the same time real ice is used there, and not artificial. But the medal always has two sides. Of course, the crazy (and essentially meaningless) conversion of clean energy (electricity) into entropy (heat) is not good, but it should still contribute to progress both in the field of electricity generation and in the semiconductor industry