“One of the primary risks for a bitcoin miner is the time required to obtain hardware and the notion that with an exponentially growing bitcoin network, every extra delay dramatically affects the ROI of the would-be miner. Entering into a futures contract could mitigate a significant amount of that risk. One place to find such products is iCBIT, a bitcoin and bitcoin derivatives exchange. Those who buy a contract would benefit if the network difficulty increases more than expected by the expiration date and those who sell a contract would benefit if the network difficulty increases less than expected.”
Related posts:
How Rich are You Compared to Other Americans?
CNN previews how war with North Korea would play out
Banker Groups Sue Treasury, IRS Over Account Reporting Rule or (DATCA)
Paul Craig Roberts: Manipulations Rule The Markets
Man pulled over, harassed for having permit but no gun
First Time On Record: The US Government Is 'Riskier' Than US Banks
Here’s One Fight Uncle Sam Can’t Win
Senate Republicans Don’t Know What’s In Their Health Care Bill
People Are Using Borrowed Money To Buy Stock Like It's 2007 Or 1999
Silver’s Message: The Bull Is Alive and Well
Bitcoin Foundation opens London office, Australia and Canada chapters
Peter Schiff Was Right - 'Taper' Edition
IRS sent refunds to 23,994 undocumented immigrants at same Atlanta address
Teenagers arrested for killing neighbor’s turkey with bow and arrow
Armed Mundanes: The Reason Why SWAT Teams Exist