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... See more
The text discusses the effectiveness of prediction markets, particularly the Iowa Electronic Markets, in forecasting election outcomes more accurately than traditional polls, while exploring underlying theories and debates surrounding their predictive capabilities.