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Yeah your point about it being a fairly low % of average transaction value is valid, the % is highly dependant on the current market price of bitcoin, though.

The $73 is not strictly related to the transfers fees but rather to how much it costs to mine a single bitcoin. If the total numbers of transactions were to decrease by 99% the energy cost per transaction would be $7300 but that wouldn't mean that transfers fees would increase that much or at all (if I understand how btc transfers work correctly it should decrease since there would be less people bidding) as long mining bitcoin remains profitable.

If currently 900 coins are generated per day, the cost to generate 1 bitcoin (234003kWh at $0.1 per kWh and using the yearly energy consumption value) is $23,400 in addition to that miners also received 150 coins from transaction fees in the last 24 hours. So if 150 dropped to ~0 the number of miners should only decrease by 14% to maintain the same profit margins.



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