Luxor Technology Expands Partnership with MicroBT in $100 Million Deal

Luxor Technology, a Bitcoin mining infrastructure company, has announced an expanded partnership with MicroBT, committing $100 million to purchase WhatsMiner mining machines. According to ChainCatcher, MicroBT has signed a letter of intent to invest in Luxor through its investment management firm, Inflection Technology Ltd., although the specific investment amount has not been disclosed. Luxor will support WhatsMiner machines with its LuxOS firmware, introducing new features such as power switching within 30 to 60 seconds and improved startup speed during power limitation events. These features will be rolled out in phases. Operators using LuxOS can access Luxor's comprehensive service suite, including mining pools, hash rate derivatives, energy services, and fleet management tools.