Altcoins Talks - Cryptocurrency Forum

Cryptocurrency Ecosystem => Bitcoin Forum => Bitcoin Mining => Topic started by: sirty143 on July 23, 2021, 09:54:38 AM

Title: New DeFi futures to enable hedging against Bitcoin mining difficulty
Post by: sirty143 on July 23, 2021, 09:54:38 AM
(https://i.imgur.com/1Pp3uuWm.jpg)

Decentralized derivatives exchange SynFutures announced a new product called Bitcoin (BTC) Hash Rate Futures that uses the biggest cryptocurrency’s ever-changing mining difficulty as a basis to open long or short positions. See more for yourself here (https://cointelegraph.com/news/new-defi-futures-to-enable-hedging-against-bitcoin-mining-difficulty).

Your opinion is greatly appreciated.