Now let's get to know the facts about Bit coins, the largest crypto currency in the world.

1.Bit coins are:

Bit coins set a minimum of 21 million. In the year 2140 this figure is expected to reach the world. So far 16.7 million bit coins have been sent into the system. According to an estimate, 12.5 new bit coins are released by mining every 10 minutes. The new bit coins are born by bridging some complicated algorithms with the help of highly advanced computers in the world.

1. Shaky power:

The computers that make this mining process have the power to work. Minors also grow in the market at which time the value of bit coin increases. This will result in more energy. Recently a study by the Mother Board, a leading technology company, found that each bit of coin transaction costs 215 kilo watts per hour. If we estimate 300,000 bitcoin transactions across the globe, we can estimate how much energy is required in this calculation. In America, average household consumes a weekly equivalent amount of money per bit coin dealer.