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Crypto mining in the US consumes 1-1.5% of electricity [1]. This is very small to show on graphs like these ones. If there is a downward trend on electricity co
by mytailorisrich 3y ago
Crypto mining in the US consumes 1-1.5% of electricity [1]. This is very small to show on graphs like these ones.
If there is a downward trend on electricity consumption it probably just dampens it slightly.
Now, with EVs on the other hand, consumption will probably pick up a lot.
[1] https://www.whitehouse.gov/ostp/news-updates/2022/09/08/fact-sheet-climate-and-energy-implications-of-crypto-assets-in-the-united-states/#:~:text=The%20United%20States%20is%20estimated,mining%20is%20also%20highly%20mobile https://www.whitehouse.gov/ostp/news-updates/2022/09/08/fact....