How Does the Volatility of a Coin’s Price Affect the Hashrate Rental Price?

High coin price volatility generally increases the hashrate rental price, particularly for short-term rentals. This is because high volatility increases the potential profit for an attacker executing a double-spend, as the value of the coin they double-spend is higher or more uncertain.

Conversely, legitimate renters, like new coin projects, may be willing to pay a premium to secure a stable hashrate during a period of high price uncertainty. The rental price acts as a dynamic market reflection of the coin's risk and potential reward.