Opinion
Miners need traditional financial products in order to hedge against the risk of increasing hash rate and difficulty.
Malcolm Cannon is the head of communications at F2Pool, which has been proudly securing Bitcoin and other proof-of-work blockchains since 2013. As one of the oldest mining pools, F2Pool is busy decentralizing its team and infrastructure. Cannon currently lives in Berlin, where he spent the past seven years leading startup growth teams through successful Seed and Series A fundraising rounds.
Miners need traditional financial products in order to hedge against the risk of increasing hash rate and difficulty.
Binance’s entrance to the Bitcoin mining industry could create a great disparity for the Bitcoin community.