Luxor Technology

MINING METRICS Live Show Launch on 11/20 🚀⛏️⚡️ Join Jarrett Carpenter from Compass Mining and Kaan Farahani from Luxor Technology monthly for a breakdown of the latest MINING METRICS! #bitcoinmining #bitcoin

The Future of Mining Financialization 🔶 ⛓ ⛏ Bitcoin Amsterdam 2024 - Hashrate As a Commodity w/ Adam Back, Sadiq Jaffer, Matthew Williams & Brandon Green

Hedging in Bitcoin Mining 🔶 ⛓ ⛏ Bitcoin Amsterdam 2024 - Hashrate As a Commodity w/ Adam Back, Sadiq Jaffer, Matthew Williams & Brandon Green

Expressing Viewpoints in Hashrate Markets 🔶 ⛓ ⛏ Bitcoin Amsterdam 2024 - Hashrate As a Commodity w/ Adam Back, Sadiq Jaffer, Matthew Williams & Brandon Green

How Much Hashrate Should A Bitcoin Miner Hedge? Hedging is a relatively new concept in the Bitcoin mining industry. Until recently, Bitcoin miners were unable to hedge their hashrate production and consequently their revenue. But that’s all changed with Luxor’s Hashrate Forwards. Miners now have access to a suite of hedging instruments to de-risk, optimize and grow their operations. However, a key question remains: how much hashrate production should a Bitcoin mining company hedge? In today’s post, we explore that question. https://lnkd.in/es3JvR8m

Our look back on October 2024's hashrate forward markets is scheduled for 5PM (EST) on November 7! https://lnkd.in/eDiqqd8d

We are looking to expand our product team with a UI/UX Designer to support our next stage of growth. Are you interested in building solutions for Bitcoin mining and compute power? Click to apply: https://lnkd.in/ejJG6hsQ

Join us on X Spaces tomorrow at 5PM (EDT) for a look back on September 2024's hashrate forward markets: https://lnkd.in/efWapZTv

Hashrate Derivatives Monthly Lookback - September 2024 - For a second consecutive month, spot Bitcoin miners faced a challenging Bitcoin hashprice environment. - The top-performing miners in September were those who hedged early. Miners who hedged USD revenues in April earned 40% more, and those who hedged Bitcoin production earned 27% more. - A key question for mining companies and investors is why they didn't hedge before hashprice hit record lows. Given Bitcoin mining's capital intensity and revenue volatility, executives and investors should demand answers. In other volatile industries, hedging is standard practice – it reduces volatility, decreases cost of capital, and increases valuations.

Luxor's Matt Williams, Head of Derivatives, is at AMPLIFY 2024 with Synota, OBM, Inc., BELISARI, and Ohio Blockchain Council ⚡ Want to build the next generation of energy and digital infrastructure with us? Find out more: https://lnkd.in/g-BWtvpf