The craze of Bitcoin getting more strong as the prices of Bitcoin increasing rapidly. People are rushing towards Bitcoin, to hold more Bitcoins or trade or sell, to get more profit in the given situation. Some like to buy Bitcoin but mostly prefer to mine the cryptocurrency rather than buying it. Mining Bitcoin requires a small setup to mine crypto on a lower scale. Some people Doing to individually and some are doing it collectively to generate more revenue.
The only problem in mining is that it requires more energy consumption than usual. Which is one of the main concerned of the governments and that's why some governments also banned crypto mining because of excessive energy consumption.
According to Cambridge Bitcoin Electricity Consumption index, Bitcoin Mining uses 0.25% energy of global consumption. It's more than the power required for the whole of Switzerland to run. The average consumption of Switzerland is 58.4 TWh Per Year, whereas for Bitcoin it consumes 61.76 TWh Per Year. Also, the Fun fact is “The amount of electricity consumed every year by always-on but inactive home devices in the USA alone could power the Bitcoin network for 4 years. The amount of electricity used annually by the Bitcoin network could satisfy the energy needs of the University of Cambridge for 365 Years”.