Luxor Technology Corporation (“Luxor”) launches Luxor Logistics to improve worldwide crypto mining hardware procurement and shipping.

SEATTLE, WA, November 20, 2023 – Luxor Technology Corporation (Luxor) has launched a new division of its ASIC Trading Desk, Luxor Logistics, which will provide secure and efficient freight solutions for crypto mining hardware procurement. Luxor Logistics is designed to address the unique challenges associated with transporting and managing Crypto miners and other crypto mining hardware.

“Through our ASIC Trading desk we have been focused on delivering fast, transparent, cheap, and efficient logistics solutions for the mining industry. Launching our new dedicated shipping and logistics business takes this a step further,” Luxor Head of ASIC Trading Lauren Lin said.

Luxor Logistics provides an extensive range of freight services across jurisdictions to enhance the shipping experience for businesses and individuals in the Bitcoin mining industry. The service encompasses international and US domestic shipping, import and export, customs clearance, insurance advisory, air and sea freight, in-land trucking, and warehousing solutions. In addition to Luxor’s own ASIC Trading Desk, Luxor Logistics will work with other prominent hardware distributors to ensure seamless and secure end-to-end logistics for their customers.

Leveraging its extensive in-house expertise and industry network, Luxor has successfully transported over 112,000 Bitcoin mining ASICs to 30 countries across 5 continents. Building on the company’s expertise for delivering hashrate around the world, Luxor Logistics will make it easier for miners in under-served markets to secure reliable delivery services.

This addition to Luxor’s ASIC Trading Desk’s suite of services (ASIC buy & sell, ASIC replacement parts, hosting introductions) follows the launch of Luxor RFQ, the first ASIC miner open auction marketplace for buying and selling Bitcoin mining hardware and mining rig parts.

About Luxor Technology Corporation

Luxor Technology Corporation is a Bitcoin mining software and services company that offers a suite of products catered toward the mining and compute power industry. Luxor’s suite of software and services include an, open auction ASIC Marketplace, a Bitcoin mining pool, a Hashrate Derivatives Desk, an Antimer ASIC Firmware and a Bitcoin mining data platform. If you are curious to learn more about any of our product lines or have any questions, please email [email protected].