If the bitcoin sector is only responsible for a measly .59% of electricity consumption then there should be nothing to be worried about. I would say that the long-term feasibility of bitcoin's power consumption can't be clear but if we can manage to keep it at a certain price point as an equation was made by a user in this thread that concludes with bitcoin electricity consumption reaching a 3.8% if the price was around 500 thousand per bitcoin which is still not happening for a long time so I would lean more on the fact that it will be feasible.

The user who made the thread.