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The confusion comes from how the miners are compensated for their energy burning. Currently, it's mostly by the block subsidy, which is independent of the amoun
by tromp 5y ago
The confusion comes from how the miners are compensated for their energy burning. Currently, it's mostly by the block subsidy, which is independent of the amount of transactions in a block. But in a decade or two, that will be dominated by transaction fees, and we can actually attribute the energy cost to the transaction amount.