Odaily News Blockchain infrastructure service provider Luxor Technology Corporation announced plans to launch exchange-traded computing power futures for U.S. institutional investors through a partnership with derivatives exchange Bitnomial. This new futures product is expected to be launched by the end of this month Launched on Bitnomial. Luxor emphasized that this financial instrument would provide miners with a means to hedge future income while providing investors with the opportunity to participate in hash rate futures on U.S. exchanges. It is reported that the core of the computing power futures product is Luxors Bitcoin computing power price index, which represents the daily expected value of 1 PH/s computing power quantified in US dollars. Currently, the price of computing power per PH/s is just under $100. (Bitcoin.com)