One group of participants in the cryptocurrency ecosystem to whom financial derivatives may be particularly useful are miners.
Bitcoin Isle is starting to take shape, the domain Bitcoins.com is for sale and the hashrate of Litecoin and Dogecoin is skyrocketing.
California legalizes Bitcoin and other virtual currencies, while Scrypt coins such as Litecoin and Dogecoin are taking heavy hits as new ASIC miners arrive.
With the start of the third quarter in 2014, new Scrypt ASIC miners will start being delivered soon.
Recently multiple cryptocurrencies have faced increasing risks of a so-called 51 percent attack.