So, you're telling me that US crypto mining used more power last year than ALL THE COMPUTERS?!

pcgamer.com:

This graph seems so unbelievable it makes the thing a little hard to parse. But basically, cryptocurrency mining in the US sucked down more energy that every computer in the entire country. Every. Single. Computer. 

Yes, even Macs.

Hell, at 50 billion kWh, crypto mining in the US almost used more power than all the televisions. And there are quite a few TVs in the States, in case you'd forgotten.

I've seen all the stories about cryptocurrency mining using more power than [insert country here], and those stats are always pretty astounding. But they always relate to the entirety of the global crypto network, or just the bitcoin mining around the world. And it's quite easy to insulate yourself against such broad terms.

But when it's just about the output of a single country—albeit the single largest contributor to the bitcoin mining industry—to me it seems to hit home much harder.

This all comes from a White House report on the proposed Digital Asset Mining Energy (DAME) excise tax(opens in new tab) which uses the graph above to highlight just how much power the useless endeavour actually uses. And it's not just the fact it's using a lot of energy and therefore causing a huge amount of carbon emissions, crypto firms can cause the energy prices of the surrounding area to spike for normal citizens, too.

All for the pursuit of «digital assets whose broader social benefits have yet to materialize.»

Here's the full image(opens in new tab) with all the caveats:

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