Luxxfolio Doubles Down on Litecoin Mining with 380% Expansion

Luxxfolio Holdings Inc., a Canadian public company focused on Litecoin mining and treasury growth, has announced an expansion of its operations. The company now operates a fleet of 288 miners at DMG Blockchain Solutions Inc.'s Christina Lake facility in British Columbia.

This represents a 380% increase from the original 60-miner fleet, which had been operational since the first half of 2026. Luxxfolio's expansion was made possible by the recent closing of an oversubscribed non-brokered private placement for gross proceeds of approximately $1.55 million.

The new miners contribute approximately 3.83 TH/s of aggregate nameplate Scrypt hashrate, increasing Luxxfolio's total to about 4.75 TH/s. Based on current cryptocurrency prices and network conditions, the company expects its expanded fleet to generate approximately CAD$120,000 in gross mining revenue per month.

Luxxfolio's operations are focused on Litecoin mining, with a vertically integrated Scrypt mining approach that allows for simultaneous support of multiple digital assets. The company's own software stack, LuxxPool, is currently under active development and will be initially used to manage the fleet's hashrate before being made available to third-party miners.

'This is an operating milestone,' said Tomek Antoniak, CEO & Director of Luxxfolio. 'Based on current prices and network conditions, we expect the fleet to generate approximately CAD$120,000 in gross monthly revenue before operating costs.'