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September 23, 2020
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Bitcoin

Bitcoin hash rate futures “BTC-HASH” appeared and started handling at FTX


Hash rate futures appeared The foreign cryptocurrency derivative exchange FTX has started trading its own futures “BTC-HASH” linked to the mining hash rate of Bitcoin. This is the first hash rate derivative in the industry. This futures product has three contract deadlines and is divided into Q3 2020 (July to September), Q4 2020 (October to December), and Q1 2021 (January to March). The settlement price is calculated as the average mining difficulty of 1,000,000,000,000 in the total number of blocks in the current period. The upper limit of leverage is 101 times. According to the announcement, “About 10 minutes block generation …

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