Bitcoin Hashrate can make Investors money now: Here's How
Just a day back, Bitcoin mining difficulty surpassed the 35.61 trillion mark to create a new record high. The said incline was, notably, the largest spike since 13 May 2021. Parallelly, the previous week, the mining hashrate also crossed 300 EH/s to create a new ATH. Read More: Bitcoin mining difficulty attains new ATH: Largest spike since May 2021 A New Bitcoin mining product is in town Now, according to reports, crypto-mining services firm Luxor Technologies has started offering a first-of-its-kind product that will aid institutional investors, hedge funds, etc. to bet on Bitcoin miners’ revenue. The derivative offering—Luxor Hashprice NDF—will provide direct exposure to revenue, shielding it from other variables like operational costs. As such, the revenue earned per Exahash by Bitcoin miners has been in a persistent and long-term downtrend. In fact, the BTC-denominated reward has been hovering around its all-time low of 4.06 BTC per EH per day. ...