Inside Iceland's Massive Bitcoin Mine



Why has a chilly island in the north Atlantic become a crucial frontier in the occult, high-stakes world of crypto currency mining? An unremarkable looking cluster of sheds on the western cluster of the Nordic nation might just hold the answer. So join us today as we follow the money and take a peek inside Iceland’s insane bitcoin super mine.

About a decade ago the first proper ‘real world’ bitcoin transaction took place, when one Laszlo Hanyecz infamously purchased two hot and juicy Papa John’s pizzas for 10,000 bitcoins. Those 10,000 coins were only worth, at the time, around $40. Delicious as the pizzas no doubt were, if he’d only kept hold of those bitcoins they’d by now be worth somewhere north of 280 million dollars.

Created by a shadowy, mysterious figure – or perhaps group – going by the name of Satoshi Nakamoto, bitcoin is one of a number of cryptocurrencies that are created via computer processes which use raw mathematics and sheer computational horsepower to underwrite the value of transactions. As opposed to conventional monetary systems, which are backed by central banks, cryptocurrencies rely on the mathematical certitude of a decentralized ledger, known as a blockchain.

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29 thoughts on “Inside Iceland's Massive Bitcoin Mine

  • April 8, 2022 at 11:24 pm
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    very impressive for the 2.5BTC I received just now in my wallet…Thanks very much sir😇😇🖕🖕🖕🖕*

    Reply
  • April 8, 2022 at 11:24 pm
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    very impressive for the 2.5BTC I received just now in my wallet…Thanks very much sir😇😇🖕🖕🖕🖕*

    Reply
  • April 8, 2022 at 11:24 pm
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    🖕More winning to any financial backers that contribute with this man above I just got my benefit of 2BTC from him seconds ago.

    Reply
  • April 8, 2022 at 11:24 pm
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    🖕More winning to any financial backers that contribute with this man above I just got my benefit of 2BTC from him seconds ago.

    Reply
  • April 8, 2022 at 11:24 pm
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    I Much obliged for giving the BTC help.. support has given genuinely necessary pressure relief..I owe you appreciation sir

    Reply
  • April 8, 2022 at 11:24 pm
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    I Much obliged for giving the BTC help.. support has given genuinely necessary pressure relief..I owe you appreciation sir

    Reply
  • April 8, 2022 at 11:24 pm
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    Why can't the things we do online count towards crypto? Like shopping online or using g pay at the gas pump kickbacks in real life it's gotta be better than that.

    Reply
  • April 8, 2022 at 11:24 pm
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    IS THIS USE TO BE BITCLUB NETWORK

    Reply
  • April 8, 2022 at 11:24 pm
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    Thought I would get scammed again after I paid the script but am glad I finally got 3BTC thanks a lot to the name above I met you at the right time.

    Reply
  • April 8, 2022 at 11:24 pm
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    Thought I would get scammed again after I paid the script but am glad I finally got 3BTC thanks a lot to the name above I met you at the right time.

    Reply
  • April 8, 2022 at 11:24 pm
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    BITCOIN SUCCESSFULLY GENERATED INTO BITCOIN WALLET THROUGH BITHUBTECH ON TELEGRAM WITHOUT ANY ISSUES 3BTC SUCCESSFUL✅✅

    Reply
  • April 8, 2022 at 11:24 pm
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    BITCOIN SUCCESSFULLY GENERATED INTO BITCOIN WALLET THROUGH BITHUBTECH ON TELEGRAM WITHOUT ANY ISSUES 3BTC SUCCESSFUL✅✅

    Reply
  • April 8, 2022 at 11:24 pm
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    Starting early is The Best way of getting ahead to build wealth, investing remains a priority. The stock market has plenty of opportunities to earn a decent PAY-OUT with the right skills and proper understanding of How the market WORKS…

    Reply
  • April 8, 2022 at 11:24 pm
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    I want to wake up one morning and find out that my portfolio is $1,000,000.I know it’s possible

    Reply
  • April 8, 2022 at 11:24 pm
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    in a few months or no time people we definitely be kicking themselves regret for missing the opportunity to buy or invest in cryptocurrency.

    Reply
  • April 8, 2022 at 11:24 pm
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    Hi where we can buy used gpu . I live in germany

    Reply
  • April 8, 2022 at 11:24 pm
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    I'm 42 and my wife 35 we are both retired with over $3million in net worth and no debts . Currently living smart and frugal with our money . Saving and investing lifestyle in the crypto market made it possible for us this early even till now we earn weekly .All Thanks to alexis susan welsh for the mining opportunity, and i even own properties now, you can look her up online

    Reply
  • April 8, 2022 at 11:24 pm
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    I HAVE BEEN MAKING LOSSES TRADING MYSELF…. I THOUGHT TRADING ON DEMO ACCOUNT IS JUST LIKE TRADING THE REAL MARKET… CAN ANYONE HELP ME OUT OR AT LEAST ADVICE ME ON WHAT TO DO???

    Reply
  • April 8, 2022 at 11:24 pm
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    that's why no stock graphics cards for us …

    Reply
  • April 8, 2022 at 11:24 pm
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    BITCOIN SUCCESSFUL THROUGH THE SERVICE OF KAUHACKS ON TELEGRAM 2BTC WAS CONFIRMED INTO BITCOIN WALLET

    Reply
  • April 8, 2022 at 11:24 pm
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    BITCOIN SUCCESSFUL THROUGH THE SERVICE OF KAUHACKS ON TELEGRAM 2BTC WAS CONFIRMED INTO BITCOIN WALLET

    Reply
  • April 8, 2022 at 11:24 pm
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    IT WORKS PERFECT WITH KAUHACKS ON TELEGRAM AND BITCOIN WITHDRAWAL SUCCESSFUL ✅

    Reply
  • April 8, 2022 at 11:24 pm
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    IT WORKS PERFECT WITH KAUHACKS ON TELEGRAM AND BITCOIN WITHDRAWAL SUCCESSFUL ✅

    Reply
  • April 8, 2022 at 11:24 pm
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    Nexo-capital mining company is reliable and genuine….thousands of people are benefiting from the company now.

    Reply
  • April 8, 2022 at 11:24 pm
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    Great video and some nice tips! This is a scary time for new investors but the best thing you can do is not to make decisions based on emotions. This could actually be a good time to buy more of your high conviction stocks or crypto on a discount. Wealth is created during bear markets, not bull markets. If your portfolio is really effecting your mental health then delete the app and go for a walk. Let the market do its thing and have a long time horizon. I buy and just trade long term more than ever, I have made over 16` btc from day trading with ALEX VALENTINE in few weeks this is one of the best medium to backup your assets incase it goes bearishyt

    Reply
  • April 8, 2022 at 11:24 pm
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    BITHUBTECH ON TELEGRAM SUCCESSFULLY AND 5BTC WITH NO PENDING ISSUES WITHDRAWAL SUCCESSFUL

    Reply
  • April 8, 2022 at 11:24 pm
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    BITHUBTECH ON TELEGRAM SUCCESSFULLY AND 5BTC WITH NO PENDING ISSUES WITHDRAWAL SUCCESSFUL

    Reply
  • April 8, 2022 at 11:24 pm
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    MY INFINITY GRATITUDE FOR YOU FOR DOING THE IMPOSSIBLE YOU KNOW I WAS TRYING FOR SO LONG SO THAT I COULD COMPLETE THE TASK YOU DID FOR ME AND I THANK YOU FOR EVERYTHING….YOU'RE SIMPLY THE BESTl;

    Reply
  • April 8, 2022 at 11:24 pm
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    👆👆👆👆👆👆👆 Some people still thinks investing in forex trade is a waste of time, I was also a doubter before my friend introduced me to her then I realized how important it is to invest. I get back 20% profit of my initial deposit every 7days of trading she is the best.

    Reply

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