Following the Bitcoin ETF issue, the time has come to return to referring to the popular cryptocurrency on these pages. In fact, in the United States of America the Government has put it under the magnifying glass the energy implications related to mining.
In this regard, as also reported by Ars Technica, the preliminary analysis of the Energy Information Agency (EIA) highlights that large-scale operations relating to the crypto world have come to consume over 2% of the energy produced in the USA (estimates range from 0.6% to 2.3%). This is clearly a significant statistic.
To be clear, the consumption of mining, which today focuses more on the use of specialized hardware in large systems rather than classic personal computers, is essentially equivalent for the United States of America to having added an additional state to the network in the space of just three years. You understand well, therefore, that the statistical and analytical agency of the United States Department of Energy wants to see clearly.
It is in this context that it is identified, for example, that mining mainly occurs in facilities in Texas and around New York. In any case, for further details on what emerged you may be interested in directly consulting what was published on 1 February 2024 on the official portal of the Energy Information Agency.