Would you trade hashrate futures?
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image if i own 5% of hashrate and just short 50m$ and turn off my machine for a few hours, easy money?
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Depends on how much impact you had for that $50m of futures--our math implies it probably doesn't work, which is good, but not 100% sure.
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i mean if the hashrate of the miners drop should also the chart of the hashrate token drop right?
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there would be no liquidity for u to short 50 mln, e.g. try to short 50 mln dollars at OIL100-0525
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let's say i short 5m $ i own 5% of the hashrate and for a few hours i turn off my machine, let's say the chart of hashrate drop i will benefit from this move or not?
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Probably not--you'd lose about $200k/day from turning off your rigs, and so you'd have to be making that much from the futures--and a 5% drop on a $5m position wouldn't do it if the expiration period was longer than a day.
Default expiration period would be 2 weeks.
ok so that change my mind, but i don't like the fact the miners can hedge when they're machine are not profitable, this can lead to them to sell anyway at loss than holding a little bit longer... or who know they can recovery for the loss with the hedge and hold the bitcoin. hmmm
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