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Important to mention, is that power consumption is not related to amount of transactions. If bitcoin would allow ten times the amount of transactions tomorrow, the power consumption would not increase.

Power consumption is related to difficulty and the rewards, which is linked to the price of a Bitcoin.

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> Power consumption is related to difficulty and the rewards, which is linked to the price of a Bitcoin.

Difficulty is determined by the hash rate of the network. One would expect there to be a link between hash rate and price but that's correlation not causation.

Nonsense, if it costs you $5000 to mine a bitcoin and the price is $1000 then you have no reason to mine it and the hashpower would lower.

From a naïve perspective of only mining for profit that's sort of true.

Lots of people mine for other reasons.

Still probably not related to amount of transactions.

True, since the number of transactions is unrelated to the hashrate of the network.

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