Bitcoin Mining Firm Luxor Launches ASIC Trading Desk
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Bitcoin Mining Firm Luxor Launches ASIC Trading Desk

THELOGICALINDIAN - On January 11 2022 the Washingtonbased bitcoin mining operation Luxor appear the barrage of a new applicationspecific chip ambit ASIC trading board According to the aggregation Luxors new trading board will accord miners and investors admission to bitcoin ASIC mining rigs at a fair bazaar amount

NYDIG-Backed Mining Operation Luxor Reveals ASIC Trading Desk Service

The bitcoin mining close Luxor aims to acquirement and advertise bitcoin mining machines via the company’s new ASIC trading board service. The press release appear on Luxor’s web aperture explains that the aggregation “will acquirement and advertise specialized Bitcoin mining accouterments on account of the Luxor team, miners and investors.” Luxor afresh aloft $5 actor in a Series A led by the close NYDIG in June 2021.

Furthermore, the Luxor mining basin is the 12th better mining basin at the time of autograph on Wednesday, with 0.46 % of the all-around hashrate or 801.30 petahash per additional (PH/s). Luxor’s ASIC trading board advertisement capacity that the aggregation is assured in its accessories accretion process.

“After affective tens of bags of machines and confined miners beyond a few continents, we accustomed a automated action for accretion equipment. Our bunch aggregation has a abysmal arrangement of ASIC manufacturers, re-sellers, miners, and investors,” Lauren Lin, Luxor’s operations administrator remarked during the announcement.

The move to authorize a mining rig trading board follows Foundry’s mining apparatus exchange announcement aftermost December. The bazaar is alleged Foundryx and the firm’s advertisement claimed at the time that it had 40,000 mining machines accessible for resale. During the aboriginal anniversary of June 2021, Canaan revealed the aggregation has accustomed an across after-sales centermost in Kazakhstan.

Luxor says the close will booty “principal positions in ASICs to advice miners accretion admission to rigs at fair bazaar prices. “Our ASIC Trading Desk is an important footfall on our roadmap to acceptable a full-scope mining casework firm,” Alex Brammer Luxor’s VP of business development explained. Brammer added:

What do you anticipate about the Luxor ASIC trading desk? Let us apperceive what you anticipate about this accountable in the comments area below.

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