Bitcoin Mining Firm Luxor Raises $5 Million In Round Led By NYDIG
Bitcoin mining company Luxor Technology has raised $5 million in a round led by NYDIG, which will also partner with Luxor on mining projects.Luxor Technology Corporation, a bitcoin mining pool and software company, has announced the conclusion of a $5 million series A financing round led by institutional Bitcoin firm NYDIG.According to a release sent to Bitcoin Magazine, Luxor and NYDIG will also collaborate on mining-related and hash rate products. Mining groups Blockware Solutions, Celsius Network, DPO, Navier and Supplybit also participated, as did Bitnomial, Hodl Capital and....
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Luxor and NYDIG have teamed up to foster growth for the North American crypto mining industry. Seattle-based mining software company Luxor has closed a Series A funding round led by institutional Bitcoin technology and financial services firm NYDIG.Luxor announced the $5 million funding round on June 9, adding that NYDIG will collaborate with Luxor on a number of mining-related ventures and hashrate-based products.Also participating in the equity round were mining companies Blockware Solutions, Celsius Network, DPO, Navier, and Supplybit. A number of angel investors along with Bitnomial,....
On January 11, 2022, the Washington-based bitcoin mining operation Luxor announced the launch of a new application-specific integrated circuit (ASIC) trading desk. According to the company, Luxor’s new trading desk will give miners and investors access to bitcoin ASIC mining rigs “at a fair market price.”
NYDIG-Backed Mining Operation Luxor Reveals ASIC Trading Desk Service
The bitcoin mining firm Luxor aims to purchase and sell bitcoin mining machines via the company’s new ASIC trading desk service. The press release published on Luxor’s web....
Crypto investment provider NYDIG raised an additional $100 million in growth capital earlier this week. The new funding round featured MassMutual, Stone Ridge Holdings, New York Life, and Liberty Mutual Insurance, among others as strategic partners. This follows the investment firm’s $200 million cash injection back in early March. In the previous funding round, Robert Gutmann, CEO of NYDIG, stated that the additional funds would be used to develop “Bitcoin-related strategic initiatives spanning from investment […]
Unchained Capital closed a $5.5 million equity seed round led by NYDIG, and the groups now seek to build out bitcoin-native infrastructure. The post Unchained Capital Closes $5.5 Million Round Led By NYDIG appeared first on Bitcoin Magazine.
On Wednesday, the North American bitcoin mining operation Blockware Mining announced the firm closed a $25 million investment round. According to the company, Blockware Mining aims to leverage the financing to expand operations “beyond its currently installed North American footprint.” Blockware Raises $25 Million, Purchases 14,000 ASIC Miners Blockware Mining, a bitcoin mining infrastructure and colocation service operation revealed the company has raised $25 million on June 30. The U.S.-based firm claims to “generate bitcoin below market prices” by utilizing....