Today we are joined by Matt Williams, head of derivatives at Luxor Technologies. Matt is an expert on commodities trading and built Luxor’s new hashrate derivative, a product that allows miners to buy and sell hashrate.

https://luxor.tech/derivatives

https://www.coindesk.com/business/2022/10/10/crypto-services-firm-luxor-to-offer-derivatives-for-bitcoin-miners-to-hedge-risk/

Matt Williams: https://www.linkedin.com/in/matthew-williams-0a1b592b/

Will Foxley: https://twitter.com/wsfoxley

TIMESTAMPS:

00:00  Start

00:25  Intro

01:11 Meet Matt

01:21 Intro

02:42 Hashrate as a commodity

04:04 Defining hashrate as commodity

05:30 Why hedge against hashrate?

08:18 Changing the thinking about hashrate

00:13:25:09 Seller of hashrate example

00:14:26:11 Buyer of hashrate example

00:15:59:23 Creating the index

00:18:36:01 Creating the marketplace

00:21:42:27 Customer requirements and security

00:25:12:13 Technical specifics

00:26:09:27 Regulation future

00:28:37:17 Product future

00:31:01:21 Cycles & volatility

00:33:39:25 Hashrate prediction

00:34:12:06 Wrap up

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