id author title date pages extension mime words sentences flesch summary cache txt blog-dshr-org-1638 DSHR's Blog: Cryptocurrency's Carbon Footprint .html text/html 6000 581 76 Going forward however, miners' primary revenue source will change from block rewards to the fees paid for the processing of transactions, which don't per se cause high carbon emissions. Bitcoin is set to become be a purely fee-based system (which may pose a risk to the security of the system itself if the overall hash rate declines, but that's a topic for another article because a blockchain that is fully reliant on fees requires that BTCs are transacted with rather than held in Michael Saylor-style as HODLing leads to low BTC velocity, which does not contribute to security in a setup where fees are the only rewards for miners.) New York Focus reported that Greenidge plans "to quadruple the power used to process Bitcoin transactions by late next year" as the cryptocurrency's value soars. ./cache/blog-dshr-org-1638.html ./txt/blog-dshr-org-1638.txt