Lucas Kohorst

@lucas

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“Luxor miners can sell forward a portion of their hashrate for upfront funds and expand immediately. Our desk is currently seeing financing deals at a 10-13% (annualized) discount to the hashrate forward curve. “

from https://hashrateindex.com/blog/hashrate-markets-lookback-series-november-2024/

By pairing a hashrate forward sale with a power hedge, miners can now lock in returns on their Bitcoin mining investments. Enter the hashspark spread — a clever nod to the spark spread (the difference between the wholesale electricity price and its production cost with natural gas). This concept is a game-changer for the mining industry. Bitcoin mi... See more