Amid the growing traction of the crypto industry, energy consumption is also growing exponentially. Currently, Bitcoin is consuming 66 times more electricity than it did in 2015, says Citigroup. The carbon emissions associated with mining will face strict inspection, according to Bloomberg. This claim is backed by new research from Mastercard, which released its Carbon Calculator, which reveals that 54% of people believe preserving the environment is more critical now than pre-COVID-19.