Luxor Launches OTC Bitcoin Mining Derivative – Bitcoin Magazine

  • Luxor Technologies is launching an OTC NDF derivative for the bitcoin mining industry.
  • The NDF will track the hash price of different companies and offer different contract terms with flexible settlement options, including BTC.
  • The NDF will follow Luxor’s Hashprice Index to determine hash price values.

Luxor Technologies, a bitcoin mining service provider, has launched Luxor Hashprice NDF, an over-the-counter (OTC) bitcoin mining derivative, according to a statement sent to Bitcoin Magazine.

Hashprice tracks the revenue earned by mining bitcoins based on hashrate capacity over a given time period.

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