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The vast majority of BTC miner revenue - around 90% - comes from block rewards:

https://www.blockchain.com/charts/miners-revenue

With every halving, assuming price remains constant, BTC miner revenue, and with it, energy expenditure, declines, until it's 10% of current energy expenditure.

You're right that this could pose problems for Bitcoin's security, but that's unrelated to the fact that Bitcoin miners' energy expenditure as a share of BTC price will decline.



It’s nowhere near consistent enough to say 10% going forward, as block rewards per day have been anything from 1400 to 10 BTC per day over the last 3 years.




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