Bitcoin Sees Increase In Energy Usage

According to a report from the Bitcoin Mining Council, Bitcoin saw a 41 percent increase in energy use in 12 months, raising concerns that crypto mining was exposed to regulation. Although Bitcoin mining efficiency has increased by 12 percent, the report noted that the overall energy use may draw the attention of regulators. Bitcoin mining is under scrutiny for its energy consumption by government regulators and environmentalists and the impact it has on climate change.