Cryptocurrencies have a system that exploits the energy resources of our world. According to the data obtained by the AA correspondent from the Bitcoin Electricity Consumption Index published by Cambridge University, Bitcoin mining consumed approximately 120 terawatts of electricity in 2020. This electricity consumption is increasing day by day. And this is only valid for Bitcoin, it is not difficult to guess how high this consumption is with other altcoins. According to Turkey Electricity Transmission Inc. data, 290 terawatts of electricity was used in Turkey in 2020. It is obvious that cryptocurrencies consume as much electricity as our country.
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