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Luxor signs a $100 million mining machine purchase agreement with MicroBT and invests in each other
Golden Finance reports that on April 27, according to The Block, Bitcoin mining infrastructure company Luxor Technology announced an deepening partnership with MicroBT, committing $100 million to purchase WhatsMiner miners.
As part of the agreement, MicroBT signed a letter of intent to invest in Luxor through its investment management firm Inflection Technology Ltd., with the specific amount undisclosed. Additionally, Luxor will support WhatsMiner miners through its subsidiary LuxOS firmware, with new features including power switching within 30 to 60 seconds, improved startup speed during power curtailment events, and more, to be rolled out in phases.
Operators running miners with LuxOS can access a complete service ecosystem including Luxor mining pools, hash rate derivatives, energy services, and fleet management tools.