I feel like most of the articles saying this are confusing the mining power usage (a constant load) with the transaction power usage. (Essentially nothing) Each transaction fee does incentivise more mining, but it’s not a flat power cost per transaction.
I feel like most of the articles saying this are confusing the mining power usage (a constant load) with the transaction power usage. (Essentially nothing) Each transaction fee does incentivise more mining, but it’s not a flat power cost per transaction.
If the constant load shouldn’t count against the transaction, how should it be tallied?
https://www.statista.com/statistics/881541/bitcoin-energy-consumption-transaction-comparison-visa/
If it’s essentially nothing, then why does it take so long to complete?