What Is the Difference between a Hashrate Rental Market and a Traditional Mining Pool?

A traditional mining pool aggregates the hashrate of many individual miners to increase the probability of finding a block, sharing the rewards proportionally. Miners in a pool earn a share of the actual cryptocurrency mined.

A hashrate rental market, however, is a platform where hashrate is bought and sold as a commodity. The buyer pays the seller a fixed rate (usually in a major coin like Bitcoin) for a set amount of hashrate for a set time, and the buyer keeps all the resulting mined coins.

The seller is paid regardless of mining success.