Hash Rate Renting

Hash rate renting involves leasing computing power from third-party mining providers to temporarily gain control over a blockchain's consensus. Instead of investing in proprietary hardware, an attacker uses cloud mining platforms to acquire enough hash power to launch a 51 percent attack.

This lowers the barrier to entry for executing consensus-level exploits, making even established networks vulnerable if they are not sufficiently decentralized. The rented power can be directed toward a specific chain to reorganize blocks or execute double-spends within a short time window.

This market-based approach to attacking networks highlights the danger of relying on commodity hardware for security. It turns the security of a blockchain into a rental commodity, which can be purchased by any entity with sufficient capital.

Protocol Inflationary Schedule
Revenue Growth Velocity
Miner Centralization
Transactions per Second
Block Proposal Frequency
Inflationary Emission Rates
Hashed Time-Lock Contract Efficiency
Interest Rate Model Adjustments