2 years ago
Luxor Technology Corporation has launched an ASIC trading table to span the spread betwixt funny buyers and sellers successful the secondary marketplace of bitcoin mining rigs. The bitcoin mining services supplier said it would acquisition and merchantability the application-specific integrated circuits for BTC mining connected behalf of its team, miners, and investors to connection rigs astatine just marketplace prices.
“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,” said Alex Brammer, VP of concern development, successful a connection sent to Bitcoin Magazine. “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.”
Luxor said the markets of bitcoin mining cogwheel are usually opaque, inefficient, and filled with accusation asymmetry, which successful summation to macroeconomic, determination economic, and marketplace rhythm conditions, often pb to accrued volatility successful prices crossed the superior and secondary markets.
“The Luxor ASIC Trading Desk volition commercialized successful these markets, taking main positions successful ASICs to assistance miners summation entree to rigs astatine just marketplace prices,” Luxor said successful a statement.
The trading table is the latest summation to Luxor’s suite of bitcoin mining-related offerings. The institution besides offers its customers a information analytics solution, the Hashrate Index platform, that provides actionable insights into immoderate captious metrics of the bitcoin mining industry, including miner gross per hashrate and a examination instrumentality for the outgo and ratio of antithetic mining rigs. The institution revamped its Hashrate Index level in December erstwhile it added the quality to denominate information successful bitcoin and accrued the scope of accusation the level tin analyze.
Luxor besides offers a bitcoin mining pool and a profit-switching instrumentality that allows its customers to employment computing powerfulness to antithetic blockchains to summation margins portion receiving payouts successful bitcoin.
English (US) 