Good ideas and conversation. No ads, no tracking. Login or Take a Tour!
WanderingEng · 2256 days ago · link · · parent · post: In 2018, Iceland will use more electricity for mining cryptocurrency than it will to power its homes.
So if a continuous flow, that'd be 2000 MW steady for 8760 hours/year. Where I am, overnight load is about half of the daytime peak. Assuming a symmetric load shape, low load overnight would be about 1350 MW and daytime peak about 2700 MW. On a global scale, Iceland is a rounding error. On an Icelandic scale, an 18 MW load could increase their load about 1%. It's surprisingly significant.Iceland consumes 17.5 billion kWh