The company will track hashrate values through its own index and will pay out in USD or BTC, enabling non-physical access to the bitcoin mining industry.
- Luxor Technologies is launching an OTC NDF derivative for the bitcoin mining industry.
- The NDF will follow the hashprice of different companies and offer varying contract terms with flexible settlement options, including BTC.
- The NDF will follow Luxor’s Hashprice Index to determine hashprice values.
Luxor Technologies, a bitcoin mining service provider, has launched the Luxor Hashprice NDF, an over-the-counter (OTC) bitcoin mining derivative, per a release sent to Bitcoin Magazine.