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We have a few names and terminologies floating around:
Index:
Currently used: PoW Mining Index, BTC Mining Index (BMI), ETH Mining Index (EMI)
Pros: intuitive, easy to remember
Cons: not accurate enough, and BMI confuses with Body Mass Index. Not as straight forward as BTC Hashrate Futures, etc.
Contract:
Currently used: Synthetic PoW Mining Index, Synthetic BTC Mining Contract, Synthetic ETH Mining Contract
Pros: intuitive, easy to remember
Cons: easily confused with cloud mining contracts, not as straight forward as "BTC Hashrate Futures" or "BTC Hashrate Contract" or "Difficulty Futures"
The text was updated successfully, but these errors were encountered:
We have a few names and terminologies floating around:
Index:
Currently used: PoW Mining Index, BTC Mining Index (BMI), ETH Mining Index (EMI)
Pros: intuitive, easy to remember
Cons: not accurate enough, and BMI confuses with Body Mass Index. Not as straight forward as BTC Hashrate Futures, etc.
Contract:
Currently used: Synthetic PoW Mining Index, Synthetic BTC Mining Contract, Synthetic ETH Mining Contract
Pros: intuitive, easy to remember
Cons: easily confused with cloud mining contracts, not as straight forward as "BTC Hashrate Futures" or "BTC Hashrate Contract" or "Difficulty Futures"
The text was updated successfully, but these errors were encountered: