Seattle, WA - December 1, 2022 - Luxor Technology Corporation, a leader in mining software services, today announced that it has completed a SOC 2 Type 2 Audit., the first in the Bitcoin Mining Pool industry.

As the Bitcoin mining industry becomes more institutional, miners are required by internal controls and external auditors to work with more transparent, secure and compliant counterparties. SOC 2 is a widely recognized auditing standard, designed to evaluate a company’s controls and processes related to safeguarding customer data. The independent SOC 2 examination, conducted by Armanino LLP, validates Luxor’s security practices and controls and confirms they meet the required standards. The Type 2 certification demonstrates Luxor’s ability to not only implement critical security policies and controls, but also to prove compliance over an extended period of time. The SOC 2 Type 2 audit certification subjected Luxor to a rigorous security process, so Luxor’s clients can have confidence in the security and operational integrity of Luxor’s Mining Pool platform.

“Luxor Mining Pool is trusted by the top private and public institutions globally and we are excited to continue to support these partners through completion of a SOC 2 Type 2 Audit, said Aaron Foster, Luxor's Director of Business Development

"Mining Pools are a critical component to the ecosystem and Luxor continues to raise the standard for trust and transparency by achieving this milestone. In addition, we have streamlined the process for institutions to utilize our mining pool in a way that is compliant, transparent and easy for financial and regulatory auditors to understand.”

About Luxor Technology Corporation

Luxor Technology Corporation is a mining software and services company that offers a suite of products catered toward the mining and compute power industry. Luxor operates a global Bitcoin Mining Pool, Hashrate Derivatives, ASIC Trading Desk and Bitcoin mining data platform Hashrate Index. If you are interested in contacting the Luxor Pool team, please email [email protected].