POWSWAP: Oracle Free Bitcoin Hashrate Derivatives

Hi devs,

Today's post details how to make fully trustless hashrate derivative contracts that can be embedded on-chain, inside of channels, options, or inside of DCFMPs. These contracts can be used today without CTV, but they obviously get better with CTV :)

enjoy: https://rubin.io/bitcoin/2021/12/21/advent-24/

I have not done any work to analyze the profitability of these contracts or how you might price and risk them, or if a two sided market among miners actually exists. That's not really my expertise.

But maybe someone can figure that out and let us all know :)

cheers,

Jeremy