If there is one thing that the mainstream associates Bitcoin mining with, it’s the excessive usage of electricity.

Many people (and regulators) believe that BTC mining is going to fry the world because it uses so much electrical energy. Some governments have outright banned it. For example, back in January this year, Kosovo introduced a blanket ban on cryptocurrency mining inside the country’s borders in a bid to curb electricity consumption.

In the US, for example, regulators are trying to confine the industry within certain boundaries and introduced an increase of a whopping 29% on the electricity that Bitcoin mining companies have to pay.

Called Tariff 36, the bill requires mining companies to pay a higher rate because their electricity consumption is much higher than the standard rate.

(by Danish Yasin)