How Is This Hedging Similar to a Farmer Using Commodity Futures?

A crypto miner's hedging is conceptually identical to a farmer's use of commodity futures. A farmer sells a short futures contract for their crop to lock in a future selling price, hedging against a price drop before harvest.

Similarly, a miner sells a short crypto futures contract to lock in the price of their mined crypto, hedging against a price drop before they sell their output. Both use derivatives to stabilize future revenue and manage price risk.