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There is a direct relation between the volume of transactions and the amount of miners needed to process them, and therefore a relation between the transactions
by Artemis2 12y ago
There is a direct relation between the volume of transactions and the amount of miners needed to process them, and therefore a relation between the transactions and the consumed power (with a few more factors, such as ASIC efficiency).
The current Bitcoin network cannot handle that many (think an order of magnitude) more transactions without having to scale. See also the original link.
- aminok 12y ago>There is a direct relation between the volume of transactions and the amount of miners needed to process them, Almost the entire cost of mining is in running ASICs to produce proof of work, not in validating transactions. The cost to produce proof of work is not affected by number of transactions.