Re:Bitcoin Can Drop 50% and China Miners Will Still Make Money
by solotronics on Thursday January 11, 2018 @12:30AM
(#16121608)
they are cash settled Bitcoin futures not settled in BTC
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Re:Bitcoin Can Drop 50% and China Miners Will Still Make Money
by ikeboy on Thursday January 11, 2018 @12:39AM
(#16121642)
That doesn't change the economics. Either way they have short exposure to BTC and no guarantee they will be able to produce BTC, which could hurt them if market moves against them too quickly.