this post was submitted on 10 Feb 2024
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Just 137 crypto miners use 2.3% of total U.S. power — government now requiring commercial miners to report energy consumption::The U.S Energy Information Administration is now requiring large-scale cryptomining operations to report their energy consumption. Inevitably this will bring about new regulations that will restrict the energy consumption of miners in the future.

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[–] SeaJ@lemm.ee 5 points 9 months ago* (last edited 9 months ago)

I don't think you understand how electricity works. Like at all. Do you think things max out at using 1 kWh? Why 1kWh and not simply 1 Wh? Or why could they not use 1 MWh? Should I inform the power company that they are clearly billing me wrong since they claim I use over 8760 kWh per year?

Instead you should be surprised that they are consuming so much goddamn power for something that has little use.