Learn more

As Bitcoin miners continue to capitulate due to high costs and decreased block rewards, Andy Fajar Handika, CEO and co-founder of Loka Mining — a decentralized mining pool operator — says he’s found a way to sell future hashrate to finance short-term needs and growth. In an interview with Cointelegraph, the Loka Mining CEO introduced the idea of forward hashrate contracts — allowing miners to sell their future hashrate for fiat-denominated loans from creditors — which could help to keep the capital-intensive business viable. These proposed hashrate forward contracts allow smaller mining operat…

cuu