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THE MINING POD: Mining Derivatives | What's Next?

CoinDesk Podcast Network

CoinDesk

Business News, News, Daily News, Tech News

4.7698 Ratings

🗓️ 2 April 2024

⏱️ 52 minutes

🧾️ Download transcript

Summary

Luxor's Matt Williams on a new era for miners and traditional finance integration Follow along on your favorite podcast player of choice by clicking here. Matt Williams of Luxor discusses the launch of their hashrate futures product, bridging traditional finance and mining. They explore the need for miners to hedge volatility, the process of creating mining derivatives, and future possibilities like options contracts and transaction fee hedging. 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! - "The Mining Pod" is produced by Sunnyside Honey LLC with Senior Producer, Damien Somerset. Distributed by CoinDesk with Senior Producer Michele Musso and Executive Producer Jared Schwartz.  See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Transcript

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0:49.7

Hey, welcome back to the mining pod. On today's show, we're joined by Matt Williams of Luxor

0:52.9

Tech to discuss their new hash rate futures derivative product. This show, we talk about the

0:57.5

natural counterparties for a product like this, how this even works in the first place,

1:02.2

and then into some more technical discussion around FPPS and how any sort of Bitcoin mining

1:07.9

financial product is going to change change given the changes we're seeing

1:11.2

on the mining pool level right now. Thank you to Forman Mining, Master Mining for making this show

1:16.6

possible. You'll hear more from Forman Mining in just a moment. Before we get on to that,

1:21.2

if you're in the Rocky Mountain region, please check out our Bitcoin halving party on April 20th

1:25.7

from 2 to 8 p.m. at the Independence Institute,

1:29.1

be live vendors, conversations, and lots of Bitcoiners talking about the Bitcoin having.

1:33.9

So if you're in the Rocksabound region, be sure to join us.

1:36.4

You can find out more information in today's show notes.

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