Sry if this query is a noob query, however i’m making an attempt to grasp Bitcoin at a deeper stage as a result of i really like the worth and safety it offers to the consumer. Lots of people say the “price of transaction” on bitcoin ist very excessive and wishes above 100$ price of electrical energy. From my understanding that cant be proper, as a result of i solely pay 0,50 $ for a transaction. My guess is that they calculate the full Power consumption of the bitcoin community together with bitcoin mining and divide that by the amout of transactions. Clearly thats a incorrect calculation as a result of a lot of the energy is used to mine new bitcoin and to not affirm the transactions(Is that asumption true?). My Questions now are: How a lot vitality does a transaction really price and would transactions nonetheless work if all miners would cease mining new bitcoins and simply stick with confirming transactions?
Additionally if somebody know an in depth Textual content about how a Bitcoin Transaction and Affirmation works, please ship me a hyperlink to it.