How Is Hash Rate Related to a Miner’s Electricity Consumption?
A miner's hash rate is directly tied to the power consumption of their hardware. Generating more hashes per second requires more electrical power to run the specialized chips and cooling systems.
The ratio of hash rate to power consumption is a key metric called efficiency, often measured in Joules per Terahash (J/TH). Higher hash rate means higher power consumption, which is the main variable cost for a miner.