Bitcoin Mining Firm Luxor Launches ASIC Trading Desk

On January 11, 2022, the Washington-based bitcoin mining cognition Luxor announced the motorboat of a caller application-specific integrated circuit (ASIC) trading desk. According to the company, Luxor’s caller trading table volition springiness miners and investors entree to bitcoin ASIC mining rigs “at a just marketplace price.”

NYDIG-Backed Mining Operation Luxor Reveals ASIC Trading Desk Service

The bitcoin mining steadfast Luxor aims to acquisition and merchantability bitcoin mining machines via the company’s caller ASIC trading table service. The press release published connected Luxor’s web portal explains that the institution “will acquisition and merchantability specialized Bitcoin mining hardware connected behalf of the Luxor team, miners and investors.” Luxor precocious raised $5 cardinal successful a Series A led by the steadfast NYDIG successful June 2021.

Furthermore, the Luxor mining excavation is the 12th largest mining excavation astatine the clip of penning connected Wednesday, with 0.46 % of the planetary hashrate oregon 801.30 petahash per 2nd (PH/s). Luxor’s ASIC trading table announcement details that the institution is assured successful its instrumentality procuring process.

“After moving tens of thousands of machines and serving miners crossed a fewer continents, we established a streamlined process for procuring equipment. Our multinational squad has a heavy web of ASIC manufacturers, re-sellers, miners, and investors,” Lauren Lin, Luxor’s operations manager remarked during the announcement.

The determination to found a mining rig trading table follows Foundry’s mining instrumentality marketplace announcement past December. The marketplace is called Foundryx and the firm’s announcement claimed astatine the clip that it had 40,000 mining machines acceptable for resale. During the archetypal week of June 2021, Canaan revealed the institution has established an overseas after-sales halfway successful Kazakhstan.

Luxor says the steadfast volition instrumentality “principal positions successful ASICs to assistance miners summation entree to rigs astatine just marketplace prices. “Our ASIC Trading Desk is an important measurement connected our roadmap to becoming a full-scope mining services firm,” Alex Brammer Luxor’s VP of concern improvement explained. Brammer added:

Whether it’s an organization miner replacing a fleet of new-generation machines oregon retail buying 1 rig, we are capable to maximize our clients’ superior ratio and minimize their risk. Our extremity is to simplify the procurement process truthful our miners tin walk much clip gathering hashrate and little clip worrying astir however to find it.

What bash you deliberation astir the Luxor ASIC trading desk? Let america cognize what you deliberation astir this taxable successful the comments conception below.

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