[Shorel]

No, miners hash rate is what eats watts.

Bitcoin network scaling has to do with transactions per second, and it is a protocol problem, and an storage problem, but it is independent of the hash capacity of the system.

We can theoretically improve the Bitcoin network capacity to handle 100x the number of transactions, while having the same hash rate.

In fact, if hash rate were halved each month, and the protocol unchanged, Bitcoin network transaction capacity would still be the same after Bitcoin difficulty is auto adjusted.

Hash rate and transaction capacity are orthogonal issues.