US Launches First Comprehensive Survey of Crypto Mining's Energy Use

The survey aims to quantify the significant electricity consumption of cryptocurrency mining operations across the United States.

The U.S. Energy Information Administration is requiring 82 commercial crypto miners to report their energy consumption, marking the first effort to collect comprehensive data on the industry's power use.
Crypto mining's demand for electricity has stressed local grids, increased utility bills for residents, and kept fossil fuel plants operational.
Initial estimates suggest cryptocurrency mining could account for up to 2.3 percent of total annual U.S. electricity use, comparable to the energy consumption of entire states.
The move follows concerns about the environmental impact of crypto mining, including its contribution to carbon pollution and the strain on electricity grids.
Data collected from the survey will be published later this year, providing insight into the scale of crypto mining's energy use and its sources.