Bitcoin mining turned out to be an electric monster.

According to an analysis done by the University of Cambridge, Bitcoin generating energy each year revealed 40 percent of Turkey's electricity consumption.

 

The University of Cambridge researched the annual electricity consumption of Bitcoin miners (computer-made coins). The numbers in the study reached incredible proportions.

Cambridge researchers say that Bitcoin consumes about 121.36 terawatt-hours (TWh) per year, and that as long as the currency's value does not decline, this energy need fall probe is low.

The energy spent by the miners surpasses many countries such as Argentina.

40 percent of the annual electricity consumption is in the oven.

As much as the consumption of home appliances that are always on but inactive in the USA

The version of the energy using Bitcoin mining can provide power for all water heaters used for 27 years.

It was driven alone in the US that the amount of electricity consumed by the always-on but inactive home appliances each year could run the entire Bitcoin network for a year.

The higher the value, the more energy consumption increases.

Electric car company Tesla's decision to invest heavily in Bitcoin moved the Bitcoin price to $ 48,000 the other day.

With the price hitting record, energy consumption has doubled at the same rate.

Experts paying attention to environmental pollution reacted to the owner of Tesla, Elon Musk, which caused this increase.