Inside Iceland’s Bitcoin bunkers

At a secure facility that was once a NATO base, computer servers run around the clock mining bitcoins.

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Posted on Dec 24, 2013 Updated on May 31, 2021, 11:05 pm CDT

At a secure facility that was once a NATO base, computer servers run around the clock mining bitcoins. The company behind the operation relies on cheap energy to turn processing power into cash.

Here’s a brief tutorial on Bitcoin.

Screengrab via NYTimes/YouTube

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*First Published: Dec 24, 2013, 12:26 pm CST