Talking with right now about Hashrate Futures!
Meanwhile, FTX Hashrate futures are settling into $20.60. Is that the right price? I don't know!
ftx.com/trade/BTC-HASH
Conversation
What about riot futures, what non sense of making everything listed
Stop this madness
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Hashrate futures make sense. FTX's is a difficulty futures contract over 90 days and doesn't represent hashing power production risks properly. But it's a step in the right direction to discovering a price. Tons of ways to settle on a price.
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What do you mean by 'hashrate' futures--what exactly would it be a future on?
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hashing power futures actually. buying those conversion rights over time at some rate of conversion rights (in PH/s for example). then you chop up delivery periods and let people gamble in between, thereby pricing the contract until it delivers. Price should converge to spot.
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Makes sense! We're working on some :)