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Luxor Technologies Expands Bitcoin Mining Derivatives With 6-Month Contracts And Daily Settlement Rates (bitcoinmagazine.com)

submitted 1 year ago by bitnorbert to c/bitcoin

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Luxor Technologies, a Bitcoin mining software and services company, has announced the expansion of its Bitcoin mining derivatives contracts. According to a press release sent to Bitcoin Magazine, the new offering from Luxor's Derivatives Desk includes six-month duration contracts and daily settlement rates, providing market participants with extended contract periods and swift access to liquidity. The press release stated that the addition of these features enhances hedging efficiency and reduces the cost of capital in the Bitcoin mining derivatives space.

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