Icelandic citizens are using their geothermal resources to mine cryptocurrencies, causing concern among government officials

Iceland's citizens have become more invested in crypto mining due to its rich geothermal resources. It is estimated that the country's mining activities consume about 84 billion kilowatt-hours of electricity, which is more than the electricity consumed by its more than 300,000 residential households. Government officials and many citizens in Iceland are now concerned about the negative impact of mining on the country's environment, as the country's natural beauty attracts more than 2 million tourists each year. (Cryptoglobe)