Iceland will revise its plan for distributing electricity between different sectors of the economy. One of the priority areas will be agriculture, not Bitcoin mining.

Iceland's Prime Minister Katrin Jakobsdottir said farmers' protests in Europe and disruptions in food supplies had led the country to consider reducing its dependence on imports. Despite the fact that most of the country is covered with glaciers, the Prime Minister noted the importance of developing our own agriculture.

Katrín Jakobsdóttir's efforts to ensure food security are coupled with an attempt to reduce the energy supply to Bitcoin mining companies. The Prime Minister of Iceland believes that electricity should be redistributed to other sectors – for example, housing construction. The government's priority is the energy needs of the Icelandic population.

Katrin Jakobsdottir reported that Bitcoin is a problem all over the world. Let us recall that low prices and availability of electricity have made Iceland one of the best destinations for miners, since the country receives it from renewable sources. Mining companies consume 120 MW of electricity, which is much more than the country's households.

Earlier, the American division of Greenpeace issued a statement that the Bitcoin mining industry is working too closely with companies that extract fossil fuels and pollute the environment.