How do Hashrate Derivatives Compare to Bitcoin Mining Stocks?
Bitcoin mining stocks have faced significant declines in early 2025, with companies like Bitdeer, Cipher Mining, and Hut 8 losing over 30% of their value due to falling Bitcoin prices and an 80% surge in network hashrate, which has squeezed profit margins and eroded investor confidence. Rising net losses, the reduced Bitcoin block reward, delays in alternative revenue streams like high-performance computing (HPC), and macroeconomic uncertainty have further dampened enthusiasm for mining stocks, leading investors to seek alternatives like hash rate derivatives. Hash rate futures, swaps that are tokenised alow miners and institutional investors to hedge against fluctuations in Bitcoin prices and mining difficulty, providing financial stability.
_webp.webp&w=3840&q=75)
