Can a Futures Contract Be Used to Speculate on the Future Hash Rate of a Network?
While standard financial futures contracts are based on asset price, there are specialized derivatives, often structured as non-standard contracts or "hash rate futures," that allow speculation on the future difficulty or hash rate. These contracts are typically Over-The-Counter (OTC) or offered by specialized platforms and allow miners to hedge their operational risk or speculators to bet on the network's growth or decline.