How Is the Energy Consumption of a Mining Operation Related to Its Hash Rate?

Energy consumption is directly proportional to the hash rate of a mining operation. Higher hash rate requires more powerful and numerous Application-Specific Integrated Circuit (ASIC) miners, which consume more electricity.

Miners must constantly balance the revenue from their hash rate against the operational cost of electricity. The efficiency of the mining hardware (J/TH) is the key metric determining how much hash rate can be generated per unit of energy consumed.