Luxor Now Offers Hashrate Forwards Allowing Miners to Hedge Hashrateluxor.tech/news/corporate-news/article/luxor-offers-hashrate-forward-with-upfront-fixed-payment
2259 sats \ 2 comments \ @petertodd 16 Nov 2023 bitcoin
Interesting development. I wonder who is buying the other side of these contracts?
Also, note how this invites AML/KYC: most hedging contracts need real world identity to enforce punishment for failure to deliver.
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20 sats \ 0 replies \ @bzzzt 16 Nov 2023
You can buy hashrate future delivery contracts on rigly.io with no kyc. Not sure what their mechanisms are to enforce that the miner delivers, but ive used it without issue as a taker 🤙
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0 sats \ 0 replies \ @newnym 16 Nov 2023
Power companies?
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