Seattle, WA - November 30, 2022 - Luxor Technology Corporation, the leader in mining software services, today announced that it has added Hivemind and Black Creek Digital as new strategic investors alongside NYDIG, Bentaus and Bitsure. Adding these strategic investors continues to cement Luxor Technology as the premier leader in Bitcoin mining software, services, and financial products.
“We couldn’t be happier to announce the addition of Hivemind and Black Creek Digital as Luxor strategic partners,” said Nick Hansen, CEO of Luxor Technology. “Luxor’s story is one of collaboration, and expanding our network of partners allows us to accelerate the delivery of our product pipeline. The Luxor team is eager to put these funds to work and continue to expand its foothold in the mining space.”
“We’re thrilled to invest in Nick and the Luxor team,” said Jake Greenstein, Partner and Head of Infrastructure at Hivemind. “Luxor is a leader in the Bitcoin mining space, and we look forward to supporting them as they push the industry forward through products such as their hashrate derivatives marketplace and innovative firmware."
Most recently, Luxor launched its Hashprice NDF, a first-of-its-kind Bitcoin mining derivative which added a critical financial product to Luxor’s comprehensive suite of Bitcoin mining software and services.
Luxor’s proprietary technology has the potential to supercharge returns for miners. The Luxor team has built a range of solutions for scaling blockchain infrastructure, including a globally distributed Bitcoin mining pool, a hashrate network-switching engine, financial products, and cutting-edge technology solutions for its mining customers. The company plans to use this latest funding to expand these existing software and services and bring new products to market in 2023.
About Luxor Luxor is a fast-growing technology company that is shaping the future of hashrate as a commodity, building new-gen digital pipelines for compute power. Luxor Technologies was founded by software engineers that felt the blockchain industry lacked available infrastructure. Additionally, software to support the rapidly growing mining space often wasn't very good, or simply didn't exist. Learn more luxor.tech and on their Twitter
About Hivemind Hivemind Capital Partners ("Hivemind") is a crypto-focused investment firm dedicated to blockchain technologies, crypto companies and the digital assets ecosystem. Hivemind leverages a converging multi-strategy approach to create start-to-finish capital solutions for entrepreneurs and provides category-leading infrastructure to institutionalize crypto investing.