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57 sats \ 1 reply \ @Scroogey 20h \ parent \ on: Hashpool - accountless mining pool that uses ecash to represent mining shares bitcoin_Mining
But where is the market for these futures? They (the mint) are the market? You sell ehash for sats by swapping tokens in the mint?
If so, how does price discovery work?
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46 sats \ 0 replies \ @k00b OP 20h
I imagine they expect a market to form and prices are discovered out of band where miners/traders trade "immature" ehash. By some mechanism, as the pool mines blocks, the ehash gains value.
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