Welcome to BitZone, today is an interesting day because the country of Iceland has announced that the overall energy cost to mine bitcoin is too much for the country to handle.
Watch it here:
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With a population of 340,000, a lot of these people are getting into cryptocurrency and making money.
What this means is that the energy use of Bitcoin is starting to reach a limit where we need to be aware.
This aslso leave great opportunity for coins like BURST coin to come in and make smart contracts with Iceland reducing the energy cost of mining and overall bitcoin success for the people of Iceland.
However, this article could simply be a hoax to generate attention and steer that attention towards a personal agenda.
Let me know what you think in the comments below.
You can also read the original article here