Luxor and MicroBT Deepen Partnership with $100M Mining Rig Deal and Strategic Investment

Gate News message, April 27 — Luxor Technology Corporation, a bitcoin mining infrastructure firm, is expanding its partnership with MicroBT through a $100 million commitment to purchase WhatsMiner mining rigs, with MicroBT planning a strategic investment in Luxor via its investment manager Inflection Technology Ltd. The investment size was not disclosed.

Luxor will extend support for MicroBT WhatsMiner machines through its LuxOS firmware, which will enable new capabilities including power target transitions within 30 to 60 seconds while continuing to hash, and improved ramp-up time during curtailment events. LuxOS support will be rolled out in phases, granting operators access to Luxor’s broader suite of services including mining pool, hashrate derivatives, energy services, and Luxor Commander for fleet management. “Our clients have been asking for WhatsMiner firmware for years, and we have shipped a product that is going to help deliver significant profitability and usability benefits,” said Lauren Lin, head of hardware and software at Luxor.

Luxor’s firmware currently runs on more than 300,000 bitcoin mining rigs globally. The company has also expanded into AI infrastructure, announcing in December plans to extend its hardware business to include GPUs, servers, storage, and networking to support bitcoin miners building AI and high-performance computing infrastructure.