Luxor and MicroBT sign a $100 million mining machine procurement agreement and invest in each other
According to The Block, btc-42">Bitcoin mining infrastructure company Luxor Technology announced a deepened partnership with MicroBT, committing to invest $100 million in the procurement of WhatsMiner mining machines.
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. In addition, Luxor will support WhatsMiner mining machines through its LuxOS firmware, with new features including power switching completed within 30 to 60 seconds, improved startup speed during power limitation events, and will be rolled out in phases. Mining operators running LuxOS will have access to a complete service system including Luxor mining pool, hash rate derivatives, energy services, and fleet management tools.
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