4min chapter

Swan Signal Live - A Bitcoin Show cover image

Lyn Alden: Bitcoin's Energy Usage Isn't a Problem. Here's Why.

Swan Signal Live - A Bitcoin Show

CHAPTER

The Future of Bitcoin Energy Costs and Market Capitalization

transaction fees are a tiny portion of bitcoin's market capitalization each year. The highest year in percent terms was 2017 during the bubble peak. If bitcoin fails to grow for one reason or another, and becomes a failed project, its miner revenue will significantly decrease from current levels. By the late 2030s, bitcoin miner revenue will probably be around 0.5% of market capitalization or less.

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