Georgia is experiencing a huge increase in cryptocurrency mining! This means lots of computers are working hard to create digital money like Bitcoin and Ethereum. It's like a digital gold rush, but instead of digging for gold, people are using lots of electricity.
- Georgia's electricity use for mining went up six times in 2024!
- Mining companies used a massive amount of electricity—more than Georgia's steel mills or railways.
- This is because mining needs powerful computers that use a lot of energy.
- Georgia is attracting lots of investment in this area.
| Fact | Number |
|---|---|
| Electricity used in 2024 (million kilowatt-hours) | 465 |
| Money spent on importing server equipment in 2024 (million USD) | 115 |
Some worry about Georgia's energy supply, while others see it as a chance to become a big player in the cryptocurrency world. The future will show if this is a good thing for Georgia!
