Luxor Technology launches Bitcoin mining derivatives with Bitnomial in the U.S.

ChainCatcher news, according to CryptoSlate, Luxor Technology and Bitnomial launched the first fully regulated Bitcoin mining derivative "Bitcoin Hashrate Futures" in the United States on May 28.

It is reported that the product 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 duration of one month, and settlement is based on Luxor's Bitcoin Hashprice Index.