Block reward mining added to list of sectors facing energy caps in Iceland
Block reward miners including Hive Blockchain, Genesis Mining and Bitfury have set up shop in Iceland which offers cheap electricity.
Latest Iceland News
E-Money firm approved by Iceland’s financial regulator
Monerium has been approved as the first e-money firm in Iceland, marking another step in the countries distancing from BTC.
Iceland’s crypto mining rig heist leader handed 4-year jail term
An Icelandic man accused of stealing millions of dollars’ worth of crypto mining hardware has been sentenced to four years in prison for his alleged crimes.
Iceland moving away from crypto mining to ‘pure blockchain’ operations
Iceland is steadily shifting away from crypto mining and focusing its facilities on “pure blockchain” operations, according to industry insiders.
7 charged in Iceland’s ‘big’ Bitcoin mining rig heist
Police in Iceland have charged seven individuals suspected to be involved in the so-called "big Bitcoin heist" that took place early this year.
Iceland tracks down 600 missing crypto mining machines to China
A ray of hope shined down in Iceland following reports that the 600 cryptocurrency miners stolen in the country could have made its way to China.
Alleged Bitcoin mining rig heist mastermind arrested again in Amsterdam
Sindri Thor Stefansson, the primary suspect in the "big Bitcoin heist," said he will be bringing his 'illegal' two-and-a-half month detention to the European Court of Human Rights.
Suspect in big-time Bitcoin mining rig heist wants to go home
Sindri Thor Stefansson, the alleged mastermind of the so-called “big Bitcoin heist,” wrote to Icelandic newspaper Frettabladid and wants to be assured he can go home without being arrested again.
600 crypto mining computers stolen from Iceland data centers
Eleven suspects have been arrested in Iceland, but the crypto mining computers were nowhere to be found.