Attiny85

If I was using an ATtiny85 using the internal oscillator at 8Mhz divided down to 1 Mhz via the prescaler, which option would I use in the IDE:

ATtiny85 @ 8Mhz

or

ATtiny85 @ 1Mhz

Is there any difference in power usage, speed of processing, or anything else material, between running at 8Mhz divided down to 1 Mhz and running at 1Mhz with no prescaler?