this is like if I'm protecting the network with the amount spent on hardrives but instead of measuring the money, I'm measuring disk space
man, when I started with my first computer, a 100mb drive was like the largest I could ever dream of... so disk space would definitively not be a great proxy.
but if you really really think Hashrate is a great proxy then we can pause here becuase it looks like we think of math very differently.
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your 100mb HD was big at the time, now its useless because every SW takes more space and expects everyone to have a good ammount of space, this is the adjustment to new tech,this is why a baseline HD today is 1T. You dont ask how much USD of space you need in a new PC, you ask how much GB/T.