Yup, servers doing math are going to be the end of us. Definitely nothing to do with the century old fossil fuel systems that unnecessarily dominate our energy grid.
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did you even read the thread? 8GW is only one country's commercial mining load, and it's already more than the world's largest nuclear power facility can generate at full capacity. it's a nation state's worth of energy wasted on purpose with *guaranteed* year-on-year increases.
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The block rewards continue to drop rapidly and most of the revenue comes from those. There's no guarantee overall Bitcoin fees will increase enough to make up for that or that they'll keep increasing. The amount of money is limited to the total paid for inclusion in the blocks.
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what the fuck else is there to say than that graph? not to mention however hundred other coins there are now burning shitloads of energy. and a bunch more burning physical materials and energy by proxy.
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Block rewards are rapidly dropping to zero. Bitcoin value has gone up faster than block rewards have gone up in the recent past. Regardless of what happens with the Bitcoin price, block rewards will keep rapidly dropping to zero. That's how the mechanism works.
I don't give a fuck about the mechanisms behind monetary rewards. Even if it's convergent, the upper bound is absurdly high, and there's no bound to new systems adding more energy demand. It's ruinous no matter how you try to spin it.
Over time, total fees per block becomes the entire revenue for miners. Right now, the vast majority of the revenue for miners is from block rewards. That's not how it will be long-term. I very much doubt that fees are going to entirely substitute the revenue from block rewards.