Mining - Is There a Third Way to Financing Your Operations?

The main financing vehicles for miners throughout this last cycle has been, if you're a publicly traded company offering equity diluting your shareholders. And then the other facet was debt, typical debt financing, which was available to people like Core Scientific. The riskier type of financing was this ASIC collateralized lending where you put your ASICs up as collateral. But that's turned out to be a terrible strategy because the price of the collateral, the ASICs, has been falling significantly with the price of Bitcoin over the last year. So they're forced to sell their Bitcoin and scramble to service that debt. A third way to finance your operations is hash rate derivatives products that are starting to come to market