How Do Hashrate Rental Platforms Typically Structure Their Pricing Models?
Hashrate rental platforms typically use an auction-based or a fixed-price model. In the auction model, buyers bid for a specific amount of hashrate, and the market determines the price dynamically.
The fixed-price model offers a set rate for a defined duration, simplifying the transaction. Pricing is generally denominated in a stable currency or a major cryptocurrency like Bitcoin and is based on the current profitability of mining the target coin, the hashrate demand, and the duration of the contract.