How Does the “Moore’s Law” Principle Affect the Required Energy Efficiency of Mining Hardware?

Moore's Law, which historically describes the doubling of transistors on a microchip every two years, drives the rapid advancement of ASIC technology. For miners, this means that older hardware quickly becomes obsolete as newer, more energy-efficient machines (more hashes per watt) are released.

To remain profitable against rising network difficulty, miners must continuously invest in new, efficient hardware, making high energy efficiency a survival requirement rather than a choice.