How Does the Efficiency of the Rented Mining Hardware Factor into the Attack Cost?
The efficiency of the rented mining hardware, measured in Joules per Terahash (J/TH), directly influences the cost the rental platform charges. More efficient hardware consumes less electricity for the same hashrate, which can lower the operational cost for the platform and potentially the rental price for the attacker.
While the attacker pays a flat rate for hashrate, the underlying efficiency determines the platform's ability to offer competitive, lower prices.
Glossar
Rented Mining Hardware
Asset ⎊ Rented mining hardware represents a temporary, fungible asset in the form of computational power, typically measured in hashes per second, leased from a service provider for Proof-of-Work cryptocurrency mining.
Mining Hardware
Capital ⎊ Mining Hardware refers to the specialized computational machinery, primarily ASICs or GPUs, purchased and deployed to perform the cryptographic hashing required to secure proof-of-work blockchains and earn block rewards.
Joules per Terahash
Hashrate ⎊ Joules per Terahash (J/TH) represents a critical efficiency metric within cryptocurrency mining, particularly for proof-of-work systems like Bitcoin.