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[1]Bitcoin mining company, Luxor, has launched indices that track hash rate price and cost of ASIC miners in order to analyze the various costs related to mining.
Bitcoin mining company, Luxor, has launched indices that track hash rate price and cost of ASIC miners in order to analyze the various costs related to mining.
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In this week’s “Bitcoin Bottom Line” episode, co-hosts Steven McClurg and C.J. Wilson are joined by guest Nick Hansen, CEO of Luxor, and Josh Olszewicz, Valkyrie’s head of research.
Luxor is one of the top 10 bitcoin mining pools in the world. They have a Hash Rate Index[8], and through that they are aiming to provide great data about the mining ecosystem. In addition, they have an ASIC Index[9]. In addition to a suite of other products, they are just about to launch Energy Markets to track the value of energy over time, which they view as very integral to bitcoin mining.
Wilson says, “Hash rate is worldwide, machines are getting better every couple of years, and now there are new innovations because companies like Luxor are getting involved with the firmware side.” He goes on to ask, “How do you see growth in bitcoin mining in the next couple of years?”
Hansen explains that he doesn’t see the consistent hash rate all-time highs stopping, but the only thing that could reverse that trend is international regulation and how the new hash rates in Texas manage the heat during the summer. The topic of conversation naturally leads to energy, and Hansen explains how “Bitcoin mining is just an energy problem at the end of the
