Luxor Launches Bitcoin ASIC Trading Desk

Listen to this article

Luxor Technology Corporation has launched an ASIC trading desk to bridge the gap between interested buyers and sellers in the secondary market of bitcoin mining rigs. The bitcoin mining services provider said it would purchase and sell the application-specific integrated circuits for BTC mining on behalf of its team, miners, and investors to offer rigs at fair market prices.

“Our goal is to simplify the procurement process so our miners can spend more time building hashrate and less time worrying about how to find it,” said Alex Brammer, VP of business development, in a statement sent to Bitcoin Magazine. “Whether it’s an institutional miner replacing a fleet of new-generation machines or retail buying one rig, we are able to maximize our clients’ capital efficiency and minimize their risk.”