Icelandic citizens' participation in crypto mining raises concerns among government officials

According to Cryptoglobe, Icelandic citizens have increased their investment 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 exceeds the electricity consumed by its more than 300,000 households. Government officials and many citizens in Iceland are now worried 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.