Artisanal and small scale mining (ASM) is a thorny issue for both governments and large scale mining (LSM) companies. Often operating in remote, unregulated and environmentally sensitive areas, difficult to tax and posing a security challenge on the verges of LSM mine sites, ASM miners are generally discussed at major mining forums as a challenge to be managed, if indeed they form part of the
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Johann Snorri Sigurbergsson, a business development manager at the energy company Hitaveita Sudurnesja, said he expected Iceland's virtual currency mining to double its energy consumption to about 100 megawatts this year. That is more than s use on the island nation of 340,000, according to Iceland's National Energy Authority.
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