We are excited to announce the transition of our standalone Bitcoin Mining Pool to a best-price hashrate aggregator.
With 3 years of experience buying hashrate from miners we have learned that miners want (1) the highest profitability possible for their hashrate, (2) a compliant and trusted hashrate counterparty to sell to, and (3) transparent data and stats in that order of importance.
We believe that this transition will bring greater transparency & profitability to the mining process and result in a better experience for miners.
Up to now, most miners have been forced to negotiate directly with a single venue (Bitcoin mining pool) and mine to a single chain. By building a hashrate aggregator we can access liquidity across various venues such as blockchains (BTC, BCH, BSV, DGB and more), hashrate marketplaces (Nicehash, Warihash), hashrate contracts and other profit-switching pools. Miners can get access to all of this while only facing Luxor, a US-based, compliant counterparty.
As part of a move for increased transparency, we display to our miners both current and historical quotes (in Bitcoin) for their hashrate. This can be accessed in your Luxor user account in the Dashboard and Revenue tab.