⛏️HASHR8 HASHRATE SERIES📈
Today we're featuring a panel with:
@Leorzhang
Topics:
⚡️How do Futures differ from Cloud Mining?
🕵️♂️Will "big players" manipulate markets?
🔥What is Sam building now?
🎙️hashr8.com/#podcast
Conversation
How come no one agreed with Sam on how miners should hedge?
If hashrate rises you make less btc => be long hashrate.
Also short btc to hedge its usd value
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Of course it works. But first you will need to take the partially derivative of mining revenue w.r.t bitcoin price, and w.r.t hashrate, in order to structure a delta-one hedge.
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Yup--not too hard for a trading firm, but fairly involved for most mining firms