Block Green Launches Bitcoin Mining Future Revenue Marketplace In Partnership With Merkle Standard

2023-6-12 19:31

Block Green, a Switzerland-based Bitcoin liquidity protocol, and Merkle Standard, a U.S. Bitcoin mining company, have announced a partnership that allows Merkle Standard to utilize Block Green's platform to hedge future revenue risks and access immediate liquidity at “transparent and favorable rates.”

According to a press release, by facilitating mining rewards streaming agreements and employing Bitcoin script and custodial solutions, the platform unlocks opportunities for Bitcoin holders and miners, redefining the financing landscape and empowering participants with new market avenues.

The capabilities of Block Green's platform enable mining operators to sell exposure to their future revenues at a discount, addressing their liquidity needs effectively. Additionally, BTC holders can benefit from the platform, enjoying an attractive BTC-native return.

As part of the partnership, Merkle Standard plans to sell exposure to 100 PH/s of hashrate over a 30-day period, receiving 7.5 BTC in immediate upfront liquidity. Luxor Tech, a mining software and services company, is among the LPs that have filled the trade.

Sebastien Hess, CEO at Block Green, expressed excitement about the partnership, stating, "Our platform empowers Bitcoin miners to unlock and access future liquidity and hedge revenue risks, driving growth capital coupled with risk mitigation for sophisticated mining operations."

Head of Research at Merkle Standard, Holden Guillies, shared the enthusiasm, emphasizing the innovative nature of the collaboration, saying, "This innovative financial product provides us with a new way to manage risk by hedging mining difficulty while gaining upfront liquidity. We believe this partnership offers an essential tool to effectively plan, operate, and execute within the fast-moving Bitcoin mining industry."

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

Bitcoin (BTC) на Currencies.ru

$ 67109.72 (+0.19%)
Объем 24H $24.392b
Изменеия 24h: 1.23 %, 7d: 10.47 %
Cегодня L: $66739 - H: $67112.98
Капитализация $1322.054b Rank 1
Цена в час новости $ 25825.2 (159.86%)

bitcoin solutions script custodial miners denominated returns

Источник: bitcoinmagazine.com

bitcoin solutions → Результатов: 126


Фото:

Blockchain Might Not Be the Appropriate Answer to Iot Security

Blockchain has been pointed out as the technology capable of providing security to the Industrial IoT (IIoT), but contrary to this belief, IoT project owners, chipmakers and OEMs may be better suited with security solutions capable of addressing low-level, device and data-centered hardware as the emerging technology may be an expensive solution that might notRead MoreRead More.

2019-2-19 12:00


Фото:

Blockchain Might Not Be the Appropriate Answer to IIot Security

Blockchain has been pointed out as the technology capable of providing security to the Industrial IoT (IIoT), but contrary to this belief, IoT project owners, chipmakers and OEMs may be better suited with security solutions capable of addressing low-level, device and data-centered hardware as the emerging technology may be an expensive solution that might notRead MoreRead More.

2019-2-18 12:00


Report: Payment Processor Netpay to Integrate Blockchain Technology

Major international payment solutions company Netpay has reportedly partnered up with an Israeli-based firm to integrate blockchain-based technology in its services. Netpay to Integrate Blockchain Tool Netpay, an international payment processing company, has partnered up with BNC LedgerTech to provide blockchain-based services to its broad user base, according to a report from Finance Magnets.

2019-2-15 21:00


Фото:

On.Live Is Pleased to Announce That ONL Token Holders Can Now Use Bitgo’s Industry-Leading Wallet and Custodial Offerings

BitGo is the market leader in digital asset financial services providing security, compliance, custodial, liquidity solutions for institutional investors. BitGo is the world’s largest processor of on-chain bitcoin transactions, processing 15% of global Bitcoin transactions and $15 billion per month across all cryptocurrencies.

2019-2-15 14:13


Фото:

General Motors’ Financial Arm Inks Partnership Deal with Blockchain Firm

GM Financials, an arm of General Motors which provides auto loan financing through auto dealers in the U. S. and Canada, has joined forces with Spring Labs,  a distributed ledger technology (DLT) startup, to enable the latter to develop blockchain solutions aimed at enhancing the processes of GM Financials, including verification of sensitive customer information, reportsRead MoreRead More.

2019-2-13 02:00


Bitcoin and Crypto Has Introduced Millennials to Investing in Markets, Despite Fears

The digital asset strategist and director at VanEck subsidiary MV Index Solutions believes that Bitcoin and other crypto have introduced investing in markets to a “new generation of investors. ” While the executive didn’t explicitly call out millennials in his comments, data shows that millennials have gravitated more to crypto markets while showing a strong reluctance.

2019-1-31 23:00


Фото:

ConsenSys, Harvard, and Levi Strauss to Build Blockchain-Based Factory Safety Solutions

According to a press release published on January 24, 2019, a think tank comprising of Harvard University’s public health graduate school, New America, Levi Strauss Foundation, and blockchain startup ConsenSys have been awarded a federal grant worth $800,000 to develop DLT-powered solutions to track health and well-being records of factory workers.

2019-1-27 14:00


Фото:

Hyperledger Launches Framework to Help Developers Deliver Blockchain-Based Supply Chain Solutions 

Hyperledger, a collaborative project focused on advancing cross-industry blockchain technologies, has announced the creation of Grid, a framework aimed at enhancing the development and delivery of distributed ledger technology (DLT)  powered solutions for the supply chain ecosystem, according to a press release on January 22, 2019.

2019-1-24 10:00


Фото:

Why Cryptocurrency Custody Solutions Are on the Rise

The last six months has witnessed significant growth in the number of businesses and banks launching cryptocurrency custodial services. These solutions give institutional investors peace of mind that their assets are secure, insured, and under the care of a trusted third party, freeing them from responsibility for safeguarding their cryptocurrency.

2019-1-22 19:47


Crypto Pundits Skeptical Of “Better Bitcoin” Plan From MIT, Stanford

Since Bitcoin began to pick up steam in 2016, the network, coupled with its core developers, has been criticized by cynics en-masse for its inability to scale. And while evident strides are being made, with solutions like the Lightning Network and Segregated Witness seeing rapid adoption, innovators have still sought to one-up the world’s first.

2019-1-18 16:06


дальше еще 77 новостей →

Партнеры Currencies.ru

Реклама на Currencies.ru

Самое свежее на Currencies.ru