Luxor and Bitnomial Launch First Ever Bitcoin Hashrate Futures
The contract size for Hashrate Futures will be 1 PH and contracts will have monthly durations.
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The contract size for Hashrate Futures will be 1 PH and contracts will have monthly durations.
Luxor Technology Corporation, a blockchain infrastructure service provider, has unveiled plans to introduce exchange-traded hashrate futures for institutional investors in the U.S. Through a collaboration with derivatives exchange Bitnomial, this new futures product is slated to be accessible on the trading platform by the end of this month. Luxor and Bitnomial’s Partnership Introduces Exchange-Traded Hashrate [...]
The post Luxor and Bitnomial Roll out Hashrate Futures for US Market Ahead of Bitcoin Halving appeared first on Crypto Breaking News.
In recent years, bitcoin miners have learned to reuse the heat generated by application-specific integrated circuit (ASIC) mining rigs. Recently, a Twitter account named “Rev.Hodl” demonstrated how a bitcoin miner was employed to dry laundry. While the clothes dryer serves to dry clean laundry, the machine also compensates the owner in satoshis. Bitcoin Mining’s Novel [...]
The post Innovative Heating Solutions: Bitcoin Miners Turning Heat Into Satoshis appeared first on Crypto Breaking News.
Luxor has launched the first ever ASIC RFQ platform with the goal of maximized market transparency and access.
After a bullish 2021 crypto miners sought out loans to allow them to expand, a move which has since backfired following difficult market conditions in 2022.
The company will track hashrate values through its own index and will pay out in USD or BTC, enabling non-physical access to the bitcoin mining industry.
Bitcoin mining company, Luxor, has launched indices that track hash rate price and cost of ASIC miners in order to analyze the various costs related to mining.
The bitcoin mining services provider said it would purchase and sell rigs on behalf of its team and miners and investors on its network.
The software company has introduced a new version of its Hashrate Index, which provides insights into the bitcoin mining industry.
The bitcoin miner will leverage Luxor's suite of pool services on its under-construction 100 megawatts farm.
Bitcoin mining data from this latest quarter demonstrate that the industry is undergoing a Renaissance spurred by China’s ban.
Bitcoin mining company Luxor Technologies has launched an Antminer-compatible firmware designed to maximize miner efficiency.
Luxor Technologies, a Bitcoin mining software and services company, has announced the expansion of its Bitcoin mining derivatives contracts. According to a press release sent to Bitcoin Magazine, the new offering from Luxor’s Derivatives Desk includes six-month duration contracts and daily settlement rates, providing market participants with extended contract periods and swift access to liquidity. [...]
The post Luxor Technologies Expands Bitcoin Mining Derivatives With 6-Month Contracts And Daily Settlement Rates appeared first on Crypto Breaking News.
On April 8, 2023, the number of Ordinal inscriptions surpassed the million mark as the non-fungible token (NFT) trend has seemingly become a mainstay. Presently, on Sunday, April 9, the total number of Ordinal inscriptions is 1,049,263, and so far, 169.85 bitcoins worth $4.7 million have been collected in fees. Ordinal Inscriptions Reach 1 Million [...]
The post Ordinal Inscriptions Surpass 1 Million Mark, Miners Collect $4.7M in Fees as Bitcoin NFT Trend Continues appeared first on Crypto Breaking News.
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