What Luxor Technology does

Luxor Technology Corporation is a privately-held, Delaware-incorporated Bitcoin mining infrastructure company founded in 2017 and headquartered in Bellevue, WA. The company operates a vertically-integrated, full-stack platform combining a SOC 2 Type 2-certified FPPS mining pool (>40 EH/s, 113 countries, 35,000+ BTC paid to miners), LuxOS custom ASIC firmware (running on 300,000+ ASICs across 30+ miner models at >35 EH/s), the Commander fleet management and profitability optimization software (managing 500,000+ machines and 1 GW+ of compute power), Luxor Derivatives (deliverable and non-deliverable hashrate forwards plus USD-denominated Hashprice Futures listed on Bitnomial Exchange), Luxor Energy (energy procurement, demand response and grid optimization), the Hardware Trading Desk ($865mm+ transacted across 5,000+ shipments to 36 countries in 2022–2025), and Hashrate Index (a market intelligence platform with tiered premium subscriptions and a public REST API). Luxor also originated the "hashprice" benchmark in 2019, now an industry-standard metric embedded across its own derivatives product suite.

Luxor monetizes across seven distinct revenue streams: FPPS mining pool fees, an embedded developer fee on LuxOS firmware, transactional spreads and brokerage commissions from the hardware trading desk, OTC and clearing facilitation fees on hashrate derivatives, tiered SaaS subscriptions on Hashrate Index ($525–$30,000/yr), managed energy services for mining and data-centre clients, and referral-style revenue from integrated miner financing through Arch Lending. Customer segments span institutional and public miners (TeraWulf, BitMine, MARA, Hut 8, Core Scientific, Cipher, Hive, Argo, Galaxy), mid-market operators (Megawatt, Jigowatt, ACS, Cormint, Sato), financial institutions and hedge funds on the derivatives desk, home/hobbyist miners via the Canaan Avalon Home distribution channel, frontier-market operators (Gridless in East Africa, Unblock in Latin America), government entities (City of Fort Worth), and data subscribers.

The company's go-to-market combines direct enterprise sales (Calendly-driven account management), product-led self-serve onboarding through app.luxor.tech, an owned e-commerce hardware storefront, channel partnerships (Canaan, Arch Lending), and exchange distribution via Bitnomial/CQG. Luxor has raised $5.0M in Series A capital from NYDIG (June 2021) and signed a 2026 term sheet for a strategic investment from MicroBT (via Inflection Technology Limited), alongside a $100 million WhatsMiner hardware purchase commitment, signaling deepening capital alignment with a major OEM.

Name

Luxor Technology

Legal name

Luxor Technology Corporation

Website

https://luxor.tech

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

51–100 employees

Short description

Luxor Technology operates a full-stack Bitcoin mining platform combining a SOC 2 Type 2-certified mining pool, LuxOS custom ASIC firmware, Commander fleet management, hashrate derivatives, energy services, and a global hardware trading desk, serving institutional and mid-market miners, financial institutions, and home operators across 113 countries.

Ownership category

akta.pro rank

Product category

Bitcoin Mining Infrastructure Software

NAICS

Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518), Custom Computer Programming Services (541511)

SIC

Finance Services (6199)

akta.pro primary industry

Mining Software, Firmware & Monitoring Platforms (FSADAOAF)

Keywords

• Bitcoin mining infrastructure
• Mining pool services
• ASIC firmware management
• Hashrate derivatives trading
• Mining fleet software

Headquarters

HQ city

Bellevue

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Infrastructure, Personnel, Supply Chain, Marketing or Sales, Operations

Revenue model

1. Mining Pool Fees (FPPS): Recurring FPPS pool fees paid by miners on block rewards attributable to hashrate connected to Luxor's pool (>40 EH/s, 113 countries, 35,000+ BTC paid to miners to date).
2. LuxOS Firmware Dev Fee: Embedded developer fee on LuxOS custom Antminer firmware running on 300,000+ ASICs globally (UX surfaces a 'Dev Fee inactive' UI banner as applicable).
3. Hardware Trading Desk (Sales & Brokerage): Buy/sell spreads and brokerage commissions on ASICs, GPUs and CPUs sourced and shipped globally; $865mm+ transacted 2022–2025, 5,000+ shipments across 36 countries.
4. Derivatives Trading & Forwards: OTC spread, clearing, and facilitation fees on Luxor's hashrate forward market (>120 market participants, >$500mm OTC volume, up to 25 EH/s settled/day); also facilitation/onboarding fees on Bitnomial-listed Luxor Hashrate Futures (HUP).
5. Hashrate Index Premium Subscriptions: Tiered SaaS subscriptions — Silver $52.50/mo or $525/yr, Gold $575/mo or $5,750/yr, Platinum $3,000/mo or $30,000/yr — providing API access, quarterly reports, projection models, weekly ASIC clearing prices, and 15s hashprice NDF settlement rate.
6. Luxor Energy Services: Energy procurement, demand response, and grid optimization services for 1 GW+ of Bitcoin mining and data-centre clients; revenue mix likely management/transaction fees.
7. Hardware Trading & Financing Partnerships: Facilitation/referral-style revenue from integrated miner financing through Arch Lending (Bitcoin-collateralized loans, hedging, revenue-locking tools).

Pricing tiers

Go-to-market motion1 record

Distribution channels7 records

Marketing channels9 records

Core offering

Luxor Technology operates a unified, full-stack Bitcoin mining platform combining a SOC 2 Type 2-certified FPPS mining pool, LuxOS custom ASIC firmware (running on 300,000+ machines), the Commander fleet management software, a hashrate derivatives market (deliverable and non-deliverable forwards plus Bitnomial-listed futures), Luxor Energy grid management services, a hardware trading desk for ASICs/GPUs, and the Hashrate Index market intelligence platform.

Product overview

Luxor Technology operates a unified, full-stack Bitcoin mining platform that combines multiple integrated products under the Luxor Platform umbrella at app.luxor.tech. The offering pairs a SOC 2 Type 2-certified, FPPS-based Luxor Mining Pool (>40 EH/s, 113 countries, 35,000+ BTC paid) with the LuxOS custom ASIC firmware (running on 300,000+ machines across 30+ miner models) and the Luxor Commander fleet management and profitability optimization software (powered by the Intelligent Miner algorithm). Alongside these core mining operations products, Luxor offers Luxor Derivatives (Deliverable Hashrate Forwards, Non-Deliverable Forwards, and USD-denominated Hashprice Futures listed on Bitnomial Exchange), Luxor Energy (energy procurement, demand response, and dispatch optimization for 1 GW+ of mining machines), the Luxor Hardware Trading Desk (ASIC, GPU, and CPU brokerage with global logistics), and the Hashrate Index market intelligence platform (premium research tiers, Hashprice/ASIC/Mining Stocks data, REST API). All products share the unified Luxor Platform workspace, REST API, and authentication, and integrate with the LuxOS firmware API on the device side.

Differentiator

Problem solved

Functional benefit

Brands

• LuxOS: Custom firmware for ASIC miners providing granular control over hashrate, voltage, thermal management, and grid-response capabilities.
• Commander
• Hashrate Index
• Luxor Energy

Products and services

• Luxor Mining Pool Institutional-grade, SOC 2 Type 2-certified U.S.-based Bitcoin mining pool offering transparent FPPS revenue payouts, miner financing access, and real-time reporting. Operates at >40 EH/s pool hashrate across 113 countries, with 35,000+ BTC paid to miners to date.
• LuxOS Firmware Custom ASIC firmware (LuxOS/Luxminer) running on 300,000+ Bitcoin ASICs across 30+ miner models with >35 EH/s of hashrate. Provides Power Targeting autotuner, Advanced Thermal Management (ATM), smart pool switching, dynamic profiles, Curtail Mode, and CGMiner-compatible TCP/HTTP API.
• Luxor Commander Cloud-based fleet management and profitability optimization software for Bitcoin mining operations. Manages 500,000+ machines and 1 GW+ of compute power with real-time miner monitoring, bulk remote commands, and Intelligent Miner algorithm-driven optimization (8-14% profitability improvement).
• Luxor Derivatives

Quantifiable outcome

• Intelligent Miner algorithm reported to increase mining profitability by 8–14%
• +7 more outcomes

Named customers26 records

Segments7 records

Ideal customer profiles7 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

AI capability4 records

Feature7 records

Partnerships

Five partnerships are on record, tiered flagship, minor and core.

• MicroBTflagshipStrategic or Co-development Partner · 26 April 2026On April 26, 2026, Luxor expanded LuxOS firmware support to MicroBT's WhatsMiner M50 series (VK40, VK20/30/80, VK10/20/30, VK50). MicroBT, via its investment manager Inflection Technology Limited, signed a term sheet for a strategic investment in Luxor, while Luxor committed to a US$100,000,000 purchase of MicroBT WhatsMiner hardware. Case studies confirm ongoing joint work on US-based ASIC production.
• The Miner MagminorGTM or Marketing Partner · 26 February 2025Hashrate Index collaborated with The Miner Mag to release a new set of charts (Implied Cost to Mine a Bitcoin, Monthly Summary, Realized Hashrate, Consolidated Cash Flow Activities) giving a more accurate view of mining-company data for investors and analysts.
• Canaan Inc.coreChannel Partner/ Reseller/ Distributor · 1 January 2025In January 2025, Luxor announced an official distributorship agreement with Canaan (NASDAQ: CAN), bringing the Avalon Home series — Avalon Nano 3, Nano 3S, and Nano Mini — to the U.S. market. Luxor provides guaranteed inventory, localized U.S. support, pool onboarding, and home-mining education content.
• Bitmain / Antminer ecosystemflagshipOEM/ Whitelabel/ Licensing Partner · 4 April 2024LuxOS is custom firmware for Bitmain Antminer ASICs, supporting 30+ models (S9, S19, S19 Pro/j Pro/XP, T19, T21, S21, S21 Pro/XP/Hydro variants, etc.) with a LuxMiner API layer that spoofs CGMiner/BMMiner for compatibility. Luxor also serves as a major buyer of MicroBT and Canaan hardware through its Trading Desk.
• Bitnomial ExchangeflagshipTechnology or Integration · 1 January 2024Luxor's Bitcoin Hashrate Futures (product code HUP) are listed on Bitnomial Exchange — USD-denominated contracts settled against Luxor's Bitcoin Hashprice Index via BTNL futures for BTC/USD conversion. Luxor facilitates onboarding, funding (minimum ~$25,000), clearing-firm connections, and CQG Desktop execution access.

Scale indicators15 records

Recent moves8 records

Expansion highlights8 records

Direct peers

• Foundry USA Pool: One of the largest U.S.-based Bitcoin mining pools, operated by Foundry (a Digital Currency Group company). Directly competes with Luxor's Mining Pool on FPPS payouts, institutional miner onboarding, and North American geographic positioning, with similar pool-hashrate scale and enterprise customer base.
• F2Pool: One of the longest-running global Bitcoin mining pools with multi-coin support. Competes directly with Luxor on FPPS/PPS pool fees, global miner network reach, and ancillary mining services, with comparable hashrate scale.
• ViaBTC: Global Bitcoin and multi-coin mining pool with combined hashrate products and hashrate derivatives. Directly competes with Luxor's Mining Pool and Luxor Derivatives in FPPS pool fees, OTC hashrate forwards, and multi-country miner coverage.
• AntPool: Bitmain-operated Bitcoin mining pool that pairs first-party hardware (Antminer) with proprietary pool services. Directly competes with Luxor's Mining Pool and LuxOS firmware on the same Antminer models Luxor customizes, with structural advantages from vertical integration.
• Braiins: Czech-based operator of Braiins OS+ (custom Antminer firmware) and a Bitcoin mining pool with FPPS payouts. Directly competes with Luxor's LuxOS firmware and Mining Pool, with overlapping focus on firmware-driven miner efficiency and transparency.
• Compass Mining: Marketplace and hosting platform for retail and institutional Bitcoin miners, including ASIC brokerage and managed hosting. Directly competes with Luxor's Hardware Trading Desk and parts of the Luxor Platform on miner procurement, logistics, and pool/firmware onboarding for mid-market operators.

Broad incumbents

• Galaxy Digital: Public crypto-focused financial services and mining operator that combines trading, asset management, and Bitcoin mining with its own proprietary mining infrastructure. Overlaps with Luxor on institutional miner services, derivatives, and energy exposure; a Luxor customer but also a broader-platform competitor.
• Bitmain: Dominant ASIC hardware manufacturer (Antminer) that also operates AntPool and historically offered firmware and mining services. Competes broadly with Luxor's LuxOS, Mining Pool, and Hardware Trading Desk as a vertically integrated incumbent controlling both hardware supply and downstream services.

Emerging players

• CleanSpark: U.S.-listed Bitcoin miner with proprietary fleet management software and a growing energy-management practice. Comparable to Luxor's Commander and Luxor Energy in fleet optimization and energy strategy, and a potential customer or competitor for institutional miner tooling.

Others

• Bitnomial: U.S.-regulated derivatives exchange that lists Luxor's HUP hashprice futures and provides BTNL BTC/USD futures for cash settlement. Functions as Luxor's exchange and clearing partner for USD-denominated hashprice futures — a closely integrated counterparty rather than a direct pool/firmware competitor.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat7 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/luxortechteam
• GitHubgithub.com/LuxorLabs
• YouTubeyoutube.com/@LuxorTechnology
• Facebookfacebook.com/luxortech
• LinkedInlinkedin.com/company/luxor-tech

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds5 records

Investors15 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments6 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Luxor Technology