6 February 2023
Seattle, WA - February 8, 2023 - Luxor Technology Corporation, a leader in mining software services, today announced that it has entered into an additional financing agreement for the mining pool.
Since inception Luxor has aimed to form relationships with multiple debt and equity investors to provide liquidity to operate a Full-Pay-Per-Share (“FPPS”) mining pool. This new partnership brings on another new financing partner to guarantee the liquidity of FPPS payouts to miners.
This additional funding complements Luxor Mining Pool’s strengthening stack including a SOC2 Type 2 audit, external pen tests, enhanced API and data capabilities, and more to better serve institutional miners looking for a long-term mining pool partner.
Luxor Pool has on boarded a number of public and private institutions including municipalities such as the City of Fort Worth, university endowment funds, and publicly-listed companies, and the company works directly with miners’ auditors including the big four accounting firms.
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]
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