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What Is the Risk to the Renter in a Hashrate Rental Agreement?

The primary risk to the renter in a hashrate rental agreement is the uncertainty of the mining outcome, known as "mining luck." The renter pays a fixed price for the hashrate, but there is no guarantee that the rented power will find a block and earn the reward during the rental period. The renter also faces the risk of the target coin's price dropping after the rental is secured, potentially making the cost of the hashrate greater than the value of the mined reward.

How Does Hashrate Rental Act as a Form of Financial Hedging for a Miner?
How Does the Cost of a 51% Attack Change with the Coin’s Market Capitalization?
What Is the Economic Incentive for a Miner to Rent out Their Hashrate Instead of Mining Directly?
How Do Hashrate Rental Markets Affect the Profitability of Legitimate Miners on Small Coins?