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Luxor and MicroBT sign a $100 million mining machine purchase agreement and invest in each other
Deep Tide TechFlow News, April 27th, according to The Block, Bitcoin mining infrastructure company Luxor Technology announced an in-depth 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 system including Luxor mining pools, derivative computing power products, energy services, and fleet management tools.