The Icelandic authorities have proposed to limit the energy supply to bitcoin miners
Iceland's Prime Minister Katrin Jakobsdottir has proposed a review of the electricity distribution plan. She called bitcoin a "worldwide problem" due to the high consumption of resources.
Iceland plans to review the electricity distribution plan between different areas of the economy. One of the priorities will be agriculture, not bitcoin mining, the Financial Times reports, citing a statement by the country's Prime Minister Katrin Jakobsdottir.
According to her, demonstrations by farmers in Europe and disruptions in food supplies led the Icelandic authorities to think about the need to reduce dependence on imports. Despite the fact that most of the country is covered with glaciers, the Prime Minister noted the importance of developing agriculture.
The source claims that Jakobsdottir's efforts to ensure food security are combined with an attempt to limit the energy supply of mining companies.
The politician believes that electricity should be redistributed to other industries, for example, housing construction. The government's priority is the energy needs of 375,000 Icelandic citizens, she said.
"Bitcoin and cryptocurrencies in general, which consume a lot of energy, are not part of our mission. Bitcoin is a problem all over the world," Katrin Jakobsdottir said.
Source: https://incrypted.com/vlasti-islandii-predlozhili-ogranichit-energosnabzhenie-bitkoin-majnerov/
