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How many people use it for payments is not the right metric, it’s not the payments that cost a lot of electricity it’s the competition to win block rewards wher
by zadler 6y ago
How many people use it for payments is not the right metric, it’s not the payments that cost a lot of electricity it’s the competition to win block rewards where more energy means a higher chance of mining a block.
Indirectly, if a lot of people use it for payments it may be worth more and attract more mining competition.