Bitcoin, 41 percent of Turkey’s electricity consumption is energy installation
With the first project of the new Mayor of New York, Eric Adams, the whole of Bitcoin, the future of cryptocurrencies has started to use the top of the agenda again. This completion, as Adams crosses his mind on the afternoon of a New York “cryptocurrency hub” gathering by receiving his salary in Bitcoin, causes an electricity festival where Bitcoin mining is depleted.
Bitcoin mining consumes about 120 terawatts of electricity for cultivation, which is obtained from the Bitcoin Electricity Consumption Index published by Cambridge University. According to the data, as 131 terawatts educated on the amount of electricity consumed for gold prospecting.
If the electricity consumption of Bitcoin mining is compared with the electricity consumption of the countries, the crypto money is in the 32nd place among all the countries that consume the most electricity. China ranks first in the list with its historical electricity consumption of 6,875 terawatts.
Turkey Electricity Transmission Inc. in the car, Turkey’ 2020′ 290 terawatt electricity consumption was realized. According to the data, Bitcoin’s electricity consumption is equivalent to approximately 41 percent of Turkey’s electricity consumption.
WHY DOES BITCOIN CONSUMPT HIGH ENERGY?
All transactions made with the cryptocurrency Bitcoin are recorded in all records connected to the currency. The main factor that causes electricity production in the system is made. With a large number of computers, the miners are causing the intensive electricity consumption required for these tools.
THE NUMBER OF CRYPTO COINS INCREASED 168 PERCENT WITH CORONAVIRUS
With a limited understanding of money, when viewed from the outside by Satoshi Nakamoto, a maximum of 21 million Bitcoins can be mined in the Bitcoin project. About 2.1 Bitcoins are expected to be made by miners, while that is 18.8 additional Bitcoins to be mined by the online statistic Stat.
November 2021 vehicles have 7 thousand 557 cryptocurrencies, while the top 20 cryptocurrencies dominate 90 percent of the market. Developments related to the events in November 2019 from the top 2 matches, one of the events on the agenda was a big phenomenon of 168.