CLEAN : Bitcoin sparks virtual gold rush in Iceland

The video explains the concept of blockchain as a chain of blocks and the mining process involved in adding new blocks. It discusses the possibility of mining cryptocurrencies at home, highlighting the technical challenges and maintenance required. The video also explores why Iceland is an ideal location for data centers due to its geographical advantages, predictable electricity prices, and natural cooling, which contribute to efficient power usage.

What factors contribute to the competitive prices of electricity in Iceland?

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How does the power user efficiency (PUE) in Iceland benefit data centers?

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