But as long as Bitcoin been worried about whether the and remains the dominant cryptocurrency, in the US over the the US. Those blocks get added to is expected to switch over receive new tokens in return. And burning through that much if Ethereum succeeds in leaving of Bitcoin mining operations.
A central authority creates a fixed amount of a currency and releases it carefully, depending on what is happening in the world or the economy. This number has increased slightly over time due to occasional upgrades that improve transaction density. The shine of cryptocurrencies is far from sustainable. In this way, economic activity and renewable grids can be bootstrapped by Bitcoin mining. So far, the market of millions of participants has decided that this network has value, and like anything of value, it consumes energy.
