Luxor Puts $100M Behind WhatsMiner Rigs Amid Expanded Partnership
Luxor Technology Corporation has announced a significant expansion of its partnership with MicroBT, committing $100 million to purchase WhatsMiner rigs from the latter. The deal also includes a strategic investment by MicroBT in Luxor through Inflection Technology Ltd., although the size of this investment remains undisclosed.
The two companies have been working together for some time and have developed an extended partnership with Luxor agreeing to support MicroBT's WhatsMiner machines with its LuxOS firmware. This firmware will enable power target transitions within 30-60 seconds while the machines continue hashing, as well as improve ramp-up time across curtailment events.
Luxor stated that it will roll out support for WhatsMiner rigs in phases and that operators running LuxOS on these machines will gain access to Luxor's full suite of services, including mining pool access, hashrate derivatives, energy services, and fleet management through Luxor Commander. The company currently supports more than 300,000 BTC mining rigs globally.