Total Bitcoin mining electricity usage can power a small country, report

The total Bitcoin mining electricity usage has now increased to the point that it can power a small country, a report by the International Energy Commission (IEA) reveals. The constantly rising hash rates and ever-increasing mining difficulty seem to indicate that the power consumption for cryptocurrency mining is expected to rise. Since the upsurge of Bitcoin in 2017, the media attention diverted to the energy consumption during the cryptocurrency mining and its consequent environmental footprint. In this era, where consciousness about climate change prevails, and the awareness is being promoted, will these energy-guzzling digital currencies be welcomed? A report published