Crypto Mining and Data Centers Take up 2% of Electricity, Tax Policy May Help: IMF

The International Monetary Fund (IMF) reports that crypto mining and data centres together account for 2% of global electricity. This figure is expected to rise to 3.5% within the next three years, raising concerns about the environmental impact of these energy-intensive industries. Increasing the electricity tax by 85% could in turn force the industry to […] source: https://cryptonews.com/news/crypto-mining-and-data-centers-take-up-2-of-electricity.htm