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SLP493 Hashprice Derivatives with Matthew Williams

Stephan Livera Podcast

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The Use of Hedge Funds in Mining

We see miners come in a lot on the buy side of this. A lot of it is just what I mentioned, like you might be waiting out a sick prices to get lower or you might have the acics and looking for hosting. And if you're worried about a run, this can protect you on the upside. It's when sometimes just miners that want to double up on their hash rate without buying extra hash rate. Or we see it a lot more recently, we've made a push into the institutional side. So we see hedge funds that were like, all right, we want to get exposure to this. But we don't want to buy the equipment or deal with the hosting

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