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Why has a chilly island in the north Atlantic become a vital frontier in the obscure, high-stakes world of crypto currency mining? [Video]

This video made it’s ‘viral’ rounds where an unremarkable-looking cluster of sheds on the Nordic nation’s western outskirts may just hold the key. So come along with us today as we follow the money and peek inside Iceland’s wild bitcoin super mine.

The first proper ‘real world’ bitcoin transaction occurred about a decade ago, when Laszlo Hanyecz famously paid 10,000 bitcoins for two hot and juicy Papa John’s pizzas. Those 10,000 coins were only worth around $40 at the time. As tasty as the pizzas were, if he’d only kept those bitcoins, they’d be worth somewhere around 280 million dollars by now.

What do you think?

Written by Winston

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