These can include large PV installations in the desert Southwest, strain on local electricity grids, iterate on existing proof of work algorithms, other consensus algorithms required to power 6 houses like Alaska.
The industry is also pointing to miners that invest in their own renewable energy sources to power datacenters, or that employ underutilized power sources that might otherwise go to waste. To access this feature you need a Statista Account. You can make something seem small by comparing it to a city. Recent growth is largely due to cryptocurrency mining operations relocating to the United States from China after that country cracked down on digital currency mining in , though reports indicate that there may still be some mining in China. Not all cryptocurrencies use proof of work to generate cryptocurrency.
