Hashrate Futures With Matt Williams
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Description
Bitcoin miners generate Bitcoin using electricity. But how do they protect their business from drops in the price of Bitcoin or skyrocketing electrical costs? Enter hashrate derivatives. Matt Williams of Luxor Tech joins the podcast to discuss hashrate futures, a new trading product that allows miners to forecast and act on the future price of hashrate. We discuss the product, similar Bitcoin futures products on the CME and how mining pool games with Ordinals could alter the equation. Published twice weekly, "The Mining Pod" interviews the best builders and operators in the Bitcoin and Bitcoin mining landscape. Subscribe to get notifications when we publish interviews on Tuesday and a news show on Friday!  Timestamps: 00:00:00 Start 00:02:52 Matt Williams Intro 00:04:11 Matt's Background 00:09:50 English Major & Skiing 00:12:37 CME & Bitcoin Futures 00:19:58 Luxor Hashrate Futures 00:28:06 Luxor's Product Suite 00:32:37 CME Bitcoin Futures 00:36:14 Futures Explained 00:41:34 Changing Pool Models 00:44:30 Transaction Fee Hedging 00:48:55 Volatility & Derivatives 00:50:54 Futures & Options Check out our other shows and content by going to https://blockspace.media/ today. Join our halving party in Denver, Colorado on April 20th!  https://www.meetup.com/denver-bitdevs/events/299059050/ Follow our host on Twitter, @wsfoxley. - Thank you to our sponsor, CleanSpark, America’s Bitcoin miner! And thank you to Foreman Mining, Master Your Mining! "The Mining Pod" is produced by Sunnyside Honey LLC and distributed by CoinDesk. Senior Producer is Damien Somerset.
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