This is a very intelligent way to look at it.
The only way that Cex could actually function as a real futures market is if there weren't a monopoly commodity seller.
The fact that Cex themselves are the only entity that can put tradable GH/s on the market makes the whole thing a nightmare. It would actually be amazing if there were some standardized way developed that people could provably put their own GH/s on a market like that, a system like that would actually function like a real commodity market.
The only way that Cex could actually function as a real futures market is if there weren't a monopoly commodity seller.
The fact that Cex themselves are the only entity that can put tradable GH/s on the market makes the whole thing a nightmare. It would actually be amazing if there were some standardized way developed that people could provably put their own GH/s on a market like that, a system like that would actually function like a real commodity market.
Yeah, it's a really nice idea. But i don't think it's easy.. We'll see what's coming up next.
Looks like price per gh is now down to 0.01644718 BTC. Still pretty unprofitable
There were others. There was one called gpu something. The owners always stole the money and ran.
Fuck ghashio