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No, because there is a block reward too that subsidizes the miners, so you have to account for that too. We don't really know the relationship between transact
by srdev 9y ago
No, because there is a block reward too that subsidizes the miners, so you have to account for that too.
We don't really know the relationship between transaction rate and electrical usage in a mature BTC system, because mining is mainly used to prevent double-spends and the minimum required mining rate to support a given transaction rate is a game-theoretical concern and not a technical one. We can only really observe what has happened so far in the Bitcoin ecosystem.