LUXOR TECHNOLOGY and BITNOMIAL have collaborated to launch a Bitcoin mining derivative product called HASHRATE FUTURES (HUP), which is now live on BITNOMIAL's U.S. derivatives exchange. This derivative futures contract aims to trade the computational power of the Bitcoin blockchain, providing miners with a way to hedge income and allowing investors to gain exposure to Bitcoin mining hash power. HASHRATE FUTURES utilize LUXOR's Bitcoin HASHPRICE index as the settlement reference rate and offer non-deliverable HASHRATE FORWARDS products.

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<p>DeepTechFlow News: Bitcoin mining company Luxor Technology and digital asset derivatives exchange Bitnomial have launched Bitcoin mining derivative product Hashrate Futures (HUP), which is now available on Bitnomial's U.S. derivatives exchange.</p>
<p>This is a derivative futures contract designed to trade the computing power of the Bitcoin blockchain, aiming to provide miners with a way to hedge income while allowing investors to gain exposure to Bitcoin mining power.</p>
<p>The product uses Luxor's Bitcoin Hashprice index as the settlement reference rate and offers non-deliverable Hashrate Forwards products.</p>
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LUXOR and BITNOMIAL collaborate to launch Bitcoin mining derivative product HASHRATE FUTURES