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> Miners mine to secure the network They are ultimately humans, not machines, so they mine for the mining reward, not as a public service of securing the netw
by danans 4y ago
> Miners mine to secure the network
They are ultimately humans, not machines, so they mine for the mining reward, not as a public service of securing the network.
Transactions are the only service provided by Bitcoin (what else is a currency for other than transactions?), so it's totally fair to consider it's energy cost per transaction, especially since the banking system is evaluated in the same way.