Tag: Usage
Posted in WP-12
US Government Launches New Attempt to Gather Data on Electricity Usage of Bitcoin Mining
The fast-growing cryptocurrency industry is a major consumer of electricity, but no one—not even the U.S. government—knows exactly how much energy goes into the armada of computers used to ‘mine’ Bitcoin and other digital assets. The U.S. Energy Information Agency estimates that cryptocurrency mining uses between 0.6 percent and 2.3 percent of all electricity per …