Correct answer
"Snowflake tracks the resource consumption of loads for all pipes in an account, with per-second/per-core granularity, as Snowpipe actively queues and processes data files. Per-core refers to the physical CPU cores in a compute server. The utilization recorded is then translated into familiar Snowflake credits, which are listed on the bill for your account."
https://docs.snowflake.com/en/user-guide/data-load-snowpipe-billing#resource-consumption-and-management-overhead
Resource consumption and management overhead
Snowflake tracks the resource consumption of loads for all pipes in an account, with per-second/per-core granularity, as Snowpipe actively queues and processes data files. Per-core refers to the physical CPU cores in a compute server. The utilization recorded is then translated into familiar Snowflake credits, which are listed on the bill for your account.
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