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- 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.
Hashprice follows revenue earned by mining bitcoin based on the hashrate capacity on a given timeframe.
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