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US Department of Energy requires future of finance, but cryptocurrency.
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The Greatest Bitcoin Explanation of ALL TIME (in Under 10 Minutes)The CBECI estimates that global electricity usage associated with Bitcoin mining ranged from 67 TWh to TWh in , with a point estimate of. Report. A recent report from the Energy Information Administration (EIA) revealed that in , the global cryptocurrency mining industry consumed an amount of electricity comparable to Australia's entire usage. In , crypto miners used as much electricity Australia, which prompted the U.S. to collect data on the industry%e2%80%99s energy use in America.