Hashrate Derivatives

Hashrate Markets Lookback Series - January 2025
January 2025’s hashrate and hashprice trends, forward market participation, trading activity and contract performance.

Colder Weather in the USA Leads to Warmer Hashrate Markets
Over the past couple of weeks, it was cold weather in the United States which moved hashrate markets. Here’s how.

Hashrate Markets Lookback Series - December 2024
Luxor’s Monthly Lookback Series is a deep dive into Bitcoin hashrate market activity. In this post, we cover December 2024’s hashrate and hashprice trends, forward market participation, trading activity and contract performance. Tune in to our X Spaces session discussing these results here. Summary Bitcoin Continues to Boom:

Energy-Adjusted Hashprice: Bitcoin Mining Revenue in Energy Terms
There’s a new metric on Hashrate Index: Energy-Adjusted Hashprice. Here’s what it is, how it’s calculated, and how to use it.

Hashrate Markets Lookback Series - November 2024
November 2024’s hashrate and hashprice trends, forward market participation, trading activity and contract performance.

Mine More, Earn Faster: Bull Market Growth Hacks
The bull market is in full swing, and Bitcoin's rise since the U.S. election has miners scrambling to capitalize on the upside. Across the industry, miners are racing to procure ASICs, secure rack space, and bring machines online. But with higher demand, tight ASIC markets and logistical

The Data Doesn’t Lie: Forward Hashprice Is 80% Better
Hashprice has become the go-to metric for gauging revenue potential. But here’s the catch: it’s a poor forecasting tool. Miners need the forward market instead.

Hashrate Derivatives Monthly Lookback - October 2024
October 2024’s hashrate and hashprice trends, forward market participation, trading activity and contract performance.