Glbse bitcoin miner

You can search Twitter using the search box below or return to the homepage. M9 glbse bitcoin miner 8 0 1 0 0 16A8 8 0 0 0 9 1zm. What would the basis of difficulty derivatives and insurance be?

When miners invest in mining hardware, they get a device that generates hashes at a rate of X, essentially forever. D, where P is the value of a bitcoin, D is the difficulty, B is the block reward and a is a proportionality constant. The future values of P and D are unknown, and so what they will get out of mining is unknown. This can be abstracted by saying they have a speculative mining position of X, and they want to hedge their position by investing in instruments that negatively correlate with the future income of mining. The more aligned the speculative instrument is with actual mining, the more efficient the hedging will be.