2 ms·
> Worse, Bitcoin's energy consumption scales based on the price of bitcoin, not on transaction volume. The more USD each bitcoin is worth, the more miners will
by rlpb 9y ago
> Worse, Bitcoin's energy consumption scales based on the price of bitcoin, not on transaction volume. The more USD each bitcoin is worth, the more miners will spend on energy to get that sweet, sweet block reward.
Until Bitcoin is done bootstrapping and the block reward is zero.