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Iceland News

600 bitcoin computers nabbed in Iceland heists

Reykjav - Around 600 computers used to mine bitcoin were stolen in Iceland in a series of large-scale heists in December and January, police said Wednesday.

Thieves stole over 600 Bitcoin miners from Icelandic datacentre

Police in Iceland have arrested 11 people in connection with the theft of Bitcoin mining equipment worth almost $2m. The suspects allegedly stole hundreds of computers during four datacentre raids. The incident has been dubbed the "Big Bitcoin Heist."

Iceland bid to ban circumcision riles religious groups

Reykjav - A proposed ban in Iceland on male circumcision, in defence of the rights of babies and young boys, has sparked anger among leaders of the world's three major religions.

Bitcoin mining boom in Iceland uses huge amounts of power

Iceland is experiencing a boom in bitcoin mining a boom for the economy but also a huge drain on power resources in the country.

Bitcoin is recovering but some signs are bearish

On Saturday bitcoin managed to claw back up to a six-day high of $9,070.64 before falling back below $8,000 but climbed back up over $8,700 on Sunday.

Johann Johannsson, composer of haunting film scores, dead at 48

New York - Johann Johannsson, the award-winning Icelandic composer whose haunting yet minimalist scores instilled depth in films full of abstraction, has died, his manager announced Saturday. He was 48.

Iceland puts onus on companies to pay gender equal wages

Reykjav - In a world first, Iceland has introduced a new law requiring employers to prove they are paying men and women the same wage for doing the same work, or face fines.

Poll found 0% of Icelanders under 25 believe Bible creation story

Reykjav - A new poll suggests that Iceland is becoming more secular. Religious belief among young people in particular appears on the decline as the poll found zero percent of Icelanders under 25 believed in the Biblical account of creation.

Katrin Jakobsdottir: Iceland's new 'trustworthy' prime minister

Reykjav - Katrin Jakobsdottir has become Iceland's second woman prime minister after winning popularity thanks to a humble and sincere image, but she must now lead a tricky grand coalition in a splintered political landscape.

Iceland forms 'unusual' left-right coalition after election

Reykjav - Iceland on Thursday formed a "highly unusual" left-right coalition a month after a general election, in a bid to stabilise politics in the nation which has seen rising distrust of a scandal-ridden elite.

Iceland's leftist parties fail to form government

Reykjav - Iceland's leftist parties have failed to form a coalition government, the leader of the Left-Green party leader said Monday, after a snap election in late October left no party close to a majority.

Katrin Jakobsdottir: Iceland's 'trustworthy' politician

Reykjav - Iceland's Katrin Jakobsdottir, a left-winger and former journalist, won popularity thanks to a humble and sincere image, but must now navigate a splintered political landscape as she tries to form a government.

Iceland president tasks Left-Green leader with forming government

Reykjav - Iceland's president on Thursday tasked Left-Green Movement leader Katrin Jakobsdottir with forming a government after her party's strong showing in a snap general election last week.

Iceland's president in talks with party leaders on new coalition

Reykjav - Iceland's president launched talks Monday to determine who could form the next government after an inconclusive general election in which a record eight political parties won seats.

Iceland's president in talks with party leaders on new coalition

Reykjav - Iceland's president launched talks on Monday to determine who could form the next government after an inconclusive general election in which a record eight political parties won seats.

Iceland's PM Benediktsson: scandal-hit survivor

Reykjav - Icelandic Prime Minister Bjarni Benediktsson, 47, is a wealthy businessman who survived a series of scandals to return to top the vote in this weekend's election.

Iceland's scandal-hit PM wins snap election, hopes to form government

Reykjav - Iceland's conservative prime minister came out on top in a snap election despite a string of scandals, final results confirmed Sunday, but it remained unclear whether he will be able to form a viable coalition.

Key dates in Iceland since 2008 economic collapse

Reykjav - Iceland saw its economy collapse in the 2008 global financial crisis when its inflated financial system imploded, plunging the country into a deep recession.The country's three main banks failed and the government urgently nationalised them.

Five things to know about Iceland

Reykjav - From its unique history to its passion for chess, books and football, here are five things to know about Iceland, which votes in legislative elections on Saturday: - Crime -Contrary to the dark goings-on in Nordic noir literature, Iceland is a tranquil...

Far from harpoons, whales star in Iceland ecotourism boom

- Iceland's whales have traditionally ended up as steaks on a plate. But times are changing, and as tourists stream to the North Atlantic island, whales are now the stars of a flourishing ecotourism scene.

Five things to know about Iceland

Reykjav - From its unique history to its passion for chess, books and football, here are five things to know about Iceland, which votes in legislative elections on Saturday: - Crime -Contrary to the dark goings-on in Nordic noir literature, Iceland is a tranquil...

Iceland's unusual law that lets murderers become judges

Reykjav - A tool for rehabilitating criminals or simply a way of granting special favours? In Iceland, a law that allows a murderer to become a lawyer or a paedophile a judge recently led to the government's downfall.

Iceland votes for second time in turbulent year as economy booms

Reykjav - Iceland on Saturday holds its second snap election in just a year after a slew of scandals ensnaring its politicians in a nation whose economy is thriving thanks to tourism.

Iceland PM sold assets before 2008 crisis: reports

Reykjav - Iceland's Prime Minister Bjarni Benediktsson allegedly sold almost all of his assets in a major bank just before the government nationalised it during the nation's 2008 financial collapse, according to several media reports on Friday.

Iceland sets October 28 election date after coalition collapses

Reykjav - Iceland's president agreed on Monday to dissolve parliament and set new legislative elections for October 28 after the collapse of the country's centre-right government.

Iceland PM calls for snap election after government falls

Reykjav - Iceland's prime minister on Friday called for a second snap election in less than a year after a party quit the coalition government because he hid his father's involvement in seeking a clean record for a convicted paedophile.

Iceland, an open-air Hollywood studio

Reykjav - Crystal clear ice caves, glacial lakes, spewing volcanoes and crashing waterfalls framed by dark lava columns: Iceland's breathtaking landscapes have become a magnet for Hollywood moviemakers looking to conjure up otherworldly scenery.

Jamie Oliver sparks fish fuss in Iceland

Reykjav - "What a view!!" Britain's celebrity chef Jamie Oliver exclaimed under a photo he posted on Facebook of a salmon farming cage nestled in a snowy fjord.

Iceland drills 4.7 km down into volcano to tap clean energy

Reykjav - It's named after a Nordic god and drills deep into the heart of a volcano: "Thor" is a rig that symbolises Iceland's leading-edge efforts to produce powerful clean energy.

Iceland-U.K. geothermal energy power cable link still a reality

Scientists are studying the feasibility of using geothermal energy from magma for the first time in a $100 million project in Iceland. If it is successful, we could see 10 times more energy produced from a single well than from conventional wells.
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Iceland Image

The Hvalur fleet in Reykjavik  Iceland. The first fin whale was killed by Hvalur 8.
The Hvalur fleet in Reykjavik, Iceland. The first fin whale was killed by Hvalur 8.
Dirk.heldmaier
Icelandic police
Icelandic police
Helgi Halldórsson/Flickr Creative Commons
Iceland may have looked much like it does today when the Viking first started their settlements.
Iceland may have looked much like it does today when the Viking first started their settlements.
Axel Kristinsson from Reykjavík, Iceland
Kristinn Hrafnsson  WikiLeaks spokesman in Iceland.
Kristinn Hrafnsson, WikiLeaks spokesman in Iceland.
Video Screengrab
Claire Calnan in the 2012 SummerWorks production of Nicolas Billon s  Iceland .  The play is on at T...
Claire Calnan in the 2012 SummerWorks production of Nicolas Billon's "Iceland". The play is on at Toronto's Factory Theatre now through March 24th.
Hugh Probyn
File photo: A shot of the volcano named Hekla in Iceland.
File photo: A shot of the volcano named Hekla in Iceland.
Photo by Lydur Skulason
Sight of the central fissure of Laki volcano  Iceland.
Sight of the central fissure of Laki volcano, Iceland.
Chmee2/Valtameri
The eruption of the volcano Eyjafjallajökull
The eruption of the volcano Eyjafjallajökull
Wikimedia Commons
ABC s Neil Karlinsky shows a huge chunk of ice  typical of what has been thrown up by the Iceland vo...
ABC's Neil Karlinsky shows a huge chunk of ice, typical of what has been thrown up by the Iceland volcano
Screen shot
Untitled
Andreas Tille
A volcanic eruption at Iceland s Eyjafjallajökull
A volcanic eruption at Iceland's Eyjafjallajökull
by orvaratlli
Ash cloud emerging form Eyjafjallajoekull volcano
Ash cloud emerging form Eyjafjallajoekull volcano
BBC video screen capture
Tens of thousands of dead herring are found in Icelanc
Tens of thousands of dead herring are found in Icelanc
Screen Capture
The little ice age may have impacted on Vikings living in Iceland.
The little ice age may have impacted on Vikings living in Iceland.
screen grab
Location of Grimsvötn volcano in Iceland.
Location of Grimsvötn volcano in Iceland.
Map courtesy Icelandic Met Office
The 120-MWe Nesjavellir power station in southwest Iceland.
The 120-MWe Nesjavellir power station in southwest Iceland.
Gretar Ívarsson
Court house in Reykjavik  Iceland
Court house in Reykjavik, Iceland
Ice News
The central plaza will have a large public area  including restrooms  a marketplace and safes with a...
The central plaza will have a large public area, including restrooms, a marketplace and safes with a cluster of biodomes surrounding the central one.
Biodome Reykjavík
The Eyjafjallajökull glacier in Iceland – the eruption happened near here  causing large amounts ...
The Eyjafjallajökull glacier in Iceland – the eruption happened near here, causing large amounts of explosive steam
Wikimedia Commons
Fin whale arching for a deep dive  showing characteristic backswept dorsal fin.
Fin whale arching for a deep dive, showing characteristic backswept dorsal fin.
JoJan