Luxor, MicroBT deepen ties with $100 million mining rig deal and planned investment

Luxor Technology Corporation, a bitcoin mining-focused infrastructure firm, is expanding its partnership with MicroBT with a $100 million commitment to purchase WhatsMiner rigs.

In a statement released Sunday, Luxor said that it will also expand support for MicroBT WhatsMiner machines through its LuxOS firmware.

As part of the expanded partnership, MicroBT has signed a term sheet to invest in Luxor via its investment manager Inflection Technology Ltd., according to the statement. The company did not disclose the investment size.

With the added firmware support, WhatsMiner rigs will gain capabilities beyond their standard settings, the company said. Among the new features, LuxOS can complete power target transitions within 30 to 60 seconds while continuing to hash. The firmware can also improve ramp-up time across curtailment events, per the statement.

Luxor added that it will roll out LuxOS support for WhatsMiner rigs in phases. Operators running LuxOS will have access to Luxor’s broader suite of services, including 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,” Lauren Lin, head of hardware and software of Luxor, said in the statement.

Beyond its core mining business, Luxor — whose firmware runs on more than 300,000 bitcoin mining rigs globally — has also set its sights on AI. In December, Luxor said that it was expanding its hardware business into GPUs, servers, storage, and networking to support bitcoin miners building AI and high-performance computing infrastructure.

© 2026 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

 

Icon Bitcoin Cryptocurrency

Trade Crypto On Coinhub Exchange

Trade Crypto On Coinhub Exchange

Stay ahead of the market by turning news insights into trading opportunities. With Coinhub Exchange, you can seamlessly buy, sell, and manage your digital assets, all in one secure platform. Take advantage of real-time market insights, deep liquidity, and fast execution for your favorite cryptocurrencies. Don’t just read about it — trade crypto now!

Disclaimer

The content of this article shown by Coinhub News, powered by The Block, is for informational purposes only and should not be construed as financial, legal, tax, or investment advice. Coinhub News and its affiliates are not a licensed financial advisor, legal advisor, broker, or tax advisor, and ... should not be considered as professional advice or a recommendation to engage in any specific investment, legal decision, or financial transaction. Cryptocurrency markets are highly speculative and volatile. Readers should perform their own independent research and consult with a qualified professional before making any financial or legal decisions. The opinions expressed in this article are those of the author and do not necessarily represent the views or opinions of the Company of its affiliates. Additionally, the Company does not make any representations or warranties regarding the accuracy, timeliness, reliability, or completeness of any information in this article. By accessing this content, you acknowledge that any reliance on the information contained in this article is solely at your own risk. The Company is not responsible for any financial losses, legal disputes, or other damages that may arise from reliance on this content or from any investment or legal decisions based on the information provided. Investing in cryptocurrencies involves substantial risks, including the risk of losing your entire investment, and you should carefully consider whether it is appropriate for your circumstances.

Read more

💹 Related News

🔥 Popular News

Referral Reward Program – Earn Commissions!  Learn More Icon Long Arrow