Derivative Contracts That Settle Based On A Virtual Currency Difficulty Factor Or An Index Of Virtual Currency Generation Yield

  • Published: Apr 13, 2017
  • Earliest Priority: Oct 13 2015
  • Family: 2
  • Cited Works: 0
  • Cited by: 2
  • Cites: 0
  • Additional Info: Full text
Abstract

The disclosed systems and methods make derivatives contracts based on an underlying virtual currency available for trading. Certain derivatives contracts have a settlement value based on the difficulty factor associated with generating the selected virtual currency. Other disclosed derivatives contracts have a settlement value based on the expected yield that a virtual currency miner can expect to generate using a particular computer configuration. The contracts can be used, for example, by virtual currency miners to hedge certain risks associated with mining virtual currency.


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  • Publication: Apr 13, 2017
  • Application: Oct 13, 2015
    US US 201514881318 A
  • Priority: Oct 13, 2015
    US US 201514881318 A

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