Last week, cryptocurrency miner manufacturer KnCMiner launched a new service called Cloud Mining.
One group of participants in the cryptocurrency ecosystem to whom financial derivatives may be particularly useful are miners.
Among financial derivatives there are several instruments that may seem similar, but can potentially result in significant losses if not properly distinguished from each other.
Earlier this month, Chinese cryptocurrency exchange OKCoin announced it was launching Bitcoin Futures trading. It is one of many financial derivatives making its way to cryptocurrency markets.
With the derivatives market making its way to Bitcoin, investors should be aware of the workings of new financial products that will start appearing on the Bitcoin market.