3 ms·
The amount of power the Bitcoin network uses is proportional to the number of miners, independent of the number of transactions. it is designed to have one bloc
by whomst 6y ago
The amount of power the Bitcoin network uses is proportional to the number of miners, independent of the number of transactions. it is designed to have one block per ten minutes and adjusts the "difficulty" to match. As long as the price of Bitcoin keeps going up, I can't imagine mining will become less popular.