USA Will Investigate Electricity Consumption of Bitcoin Miners

The US Energy Information Administration will more closely monitor the electricity consumption of cryptocurrency mining companies in the country.

Energy Information Administration, Office of Budget and Management urgent request a selected group next week in line with Bitcoin miner will conduct research with his/her participation.

Within the scope of research of Bitcoin mining companies electricity usage details You will need to answer questions about.

Some activists and politicians in the US have criticized Bitcoin miners’ electricity consumption and their impact on carbon emissions in recent years.

Energy Information Administration, in its research Electricity required for cryptocurrency mining It will examine how the need for mining has changed, in which regions the mining industry in the USA is concentrated, and the energy resources used for mining activities.

Glenn McGrath of the Energy Information Administration “We think this is a significant source of demand that will be worth the work we will do to determine its scale.” said.

McGrath said that, as an institution, they received requests from various sectors to determine how much electricity cryptocurrency mining consumes, and stated that the results of the research in a few months He said they hope to share.

Rocky Mountain Institute, a non-profit organization, researched last year that Bitcoin is on a global scale. It consumes 127 TWh of electricity He concluded.

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