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LUXOR TECHNOLOGY and BITNOMIAL launch Bitcoin mining derivative products in the US

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$BTC
Odaily
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May 28, 2024

LUXOR TECHNOLOGY and BITNOMIAL have launched the first fully regulated Bitcoin mining derivative product in the United States, called "BITCOIN HASHRATE FUTURES." The product's trading code is HUP, allowing miners to hedge their income and providing investors with a new way to enter the Bitcoin mining market. Each contract represents 1 PH, with a one-month term, settled using LUXOR's Bitcoin hash rate price index (BITCOIN HASHPRICE INDEX).

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