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kleinbl00 · 2255 days ago · link · · parent · post: In 2018, Iceland will use more electricity for mining cryptocurrency than it will to power its homes.
You know, I have no idea. I guess not. Now that's surprising. I've toured Intalco. They claim to be the largest consumer of electricity west of the Mississippi. If it takes 13 kWh per kg of aluminum and Intalco produces 230 million kilos of aluminum a year - that would be 3 billion kWh. Dayum. Iceland consumes 17.5 billion kWh. In other words, the houses in Iceland are a flyspeck.Iceland’s three aluminium smelting plants are especially power hungry and the biggest electricity consumers in the country.