That is, of course, left as an exercise for the reader ;)
(As long as the number of students with unmetered power partipating is small compared to the number of miners, it shouldn't significantly affect the analysis. It's the marginal cost faced by a new entrant that's of interest - a relatively small number of students mining simply adds a background base level of difficulty).
(As long as the number of students with unmetered power partipating is small compared to the number of miners, it shouldn't significantly affect the analysis. It's the marginal cost faced by a new entrant that's of interest - a relatively small number of students mining simply adds a background base level of difficulty).