Re:Bitcoin consumed 134 TWh in total during 2021
by tromp on Sunday January 02, 2022 @01:19PM
(#29771728)
Bitcoin energy expenditure is not entirely independent from block creation.
Transaction fees already make up a nontrivial fraction of the block reward and can be expected to dominate block subsidy within a few decades as the latter keeps halving every 4 years.
Of course, bitcoin transactions incentivize block creation, but gold transactions also incentivize gold mining to some degree.