Just how much electricity does cryptocurrency mining use? It could be over 2% of all electricity in the United States, according to a preliminary estimate released by the Energy Information Administration. More specifically, “annual electricity use from cryptocurrency mining probably represents from 0.6% to 2.3% of U.S. electricity consumption.”Using data from the Cambridge Centre for Alternative Finance on Bitcoin, specifically, the EIA estimated that, at least as of January 2022, almost 38% of...