Technicians inspect bitcoin mining machines at a facility operated by Bitmain Technologies in Ordos, Inner Mongolia, China. Photo: Bloomberg

Bitcoin miners get a chance to hedge risks as rig maker Canaan ties up with GSR for customised financial products

  • The Nasdaq-listed Canaan sees miners using its gear to opt for GSR’s risk management solutions to protect against bitcoin volatility
  • Some US$3 billion worth of bitcoin is expected to be mined globally next year at current prices
Topic |   Digital currencies

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Technicians inspect bitcoin mining machines at a facility operated by Bitmain Technologies in Ordos, Inner Mongolia, China. Photo: Bloomberg
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