Bitcoin mining accounts for 0.6% to 2.3% of U.S. electricity consumption

US Energy Information Administration (EIA) has released a report detailing the power consumption of the country's bitcoin mining industry. The report shows that the annual electricity demand of US bitcoin mining facilities ranges from 0.6% to 2.3%. According to these statistics, the electricity consumed by US bitcoin miners is enough to meet the demand of the entire state of Utah.