Iceland News
Latest Iceland News
Iceland Prime Minister Katrín Jakobsdóttir unveiled plans to pivot the country's renewable energy efforts from crypto mining to agricultural development.
In response to the Biden administration's proposed crypto mining tax, Bit Digital has strategically moved a significant portion of its mining machines to Iceland and Canada.
Bitmain, a leading manufacturer of cryptocurrency mining servers, has unveiled a signed purchase today to acquire a new mining facility in Iceland. The acquisition has been signed in conjunction with CTCAP Group, a company working on building, investing, and operating…
Ripple, a San Francisco-based distributed ledger technology (DLT) project in charge of XRP, the third-largest cryptocurrency in existence by market cap, has acquired Algrim, an Icelandic cryptocurrency trading platform. The deal will enable Ripple to have a presence in Northern…
Despite being a remote volcanic island, the economic implications of the cryptocurrency mining sector are proving vulnerable for Iceland. Iceland’ Cryptocurrency Mining Industry The countries’ reliance on cryptocurrency mining is now something that “cannot be excluded as a risk factor,” says…