Bitcoin Mining finance is broken, and we’re fixing it.

Mining is essentially a globally decentralized provably probabilistic computational race.

Miners compete to be the first to publish the next block, and whoever wins makes money. The mining contest is a winner-take-all, so the losers do not make money. All miners lose most of the time, so all miners do not make money most of the time.

Bitcoin Prediction Market has created betting markets around the mining contest, enabling people to bet on who wins and who loses.

Miners can hedge against the risk of losing the race. They can do this by betting against their own pool, or on a dominant pool like Foundry or Antpool.

Speculators can make money by predicting which pool will win, based on their hashrate.

Bitcoin Prediction Market revolutionizes mining finance by enabling miners to protect their cashflow and speculators to profit from the block discovery process.

In the past, miners could only make money by winning the contest, and speculators could only make money by betting on price. Now, everyone can profit from every single block.