Iceland: A New Miners’ Paradise!
Iceland stands as a haven for miners, driven by tough regulations and soaring energy costs worldwide
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Powered predominantly by hydroelectric and geothermal sources, this volcanic island generates an excess of energy. These factors, coupled with Iceland's cool climate, have made it the perfect spot for miners and their equipment.
“Up until the mining industry showed up here in Iceland, the vast majority of this non-guaranteed power was not a sell-able product, so we are essentially buying power that nobody else can buy,” commented the CEO of GreenBlocks.
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