Luxor

Luxor

Provides mining software, advisory, and derivatives

Overview

Luxor operates in the Bitcoin mining and compute power space, offering software and financial services to optimize mining operations. Its products include ASIC miner procurement tools, mining advisory services, and hashrate derivatives, serving Bitcoin miners, market makers, and investment firms. The company uses software to optimize hashprice and mining profitability, with offerings that span procurement, advisory, and financial instruments like hashrate forwards. Luxor views compute power as a digital commodity and builds tools and infrastructure to help users manage, buy, and hedge mining capacity. Compared with competitors, Luxor bundles technical software, strategic advisory, and market-based financial products in one ecosystem and emphasizes treating compute power as a tradable asset. The goal is to improve the efficiency, profitability, and resilience of the Bitcoin mining industry by providing practical tools and financial solutions that align incentives across participants.

About Luxor

Simplify's Rating
Why Luxor is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Data & Analytics

Enterprise Software

Crypto & Web3

Financial Services

Company Size

51-200

Company Stage

Series A

Total Funding

$5.7M

Headquarters

Seattle, Washington

Founded

2018

Get referred to Luxor

See people who can refer or advise you

Simplify Jobs

Simplify's Take

What believers are saying

  • Commander launched April 1, 2026; Luxor claims 500,000 machines in its ecosystem.
  • LuxOS expanded to MicroBT WhatsMiner on April 26, 2026, broadening addressable installed base.
  • Luxor Energy and Hashrate Forward Markets deepen miner stickiness through power, hedging, and financing.

What critics are saying

  • Luxor sued Giga Energy January 30, 2026; court denied its TRO February 25.
  • The lawsuit exposes client lists, employee departures, and direct competition in energy and hardware.
  • Bitcoin miner margin compression threatens Luxor’s hardware-heavy model if ASIC demand weakens into 2027.

What makes Luxor unique

  • Luxor spans pool, firmware, derivatives, energy, and fleet software in one stack.
  • Commander supports Bitmain, MicroBT, Canaan, and LuxOS-compatible fleets across one control layer.
  • MicroBT’s April 2026 strategic investment validates Luxor’s firmware and hardware brokerage position.

Help us improve and share your feedback! Did you find this helpful?

Funding

Total Funding

$5.7M

Below

Industry Average

Funded Over

2 Rounds

Series A funding typically happens when a startup has a product and some customers, and now needs funding to scale. This money is usually used to grow the team, expand marketing, and improve the product. Venture capital firms are frequently the main investors here.
Series A Funding Comparison
Below Average

Industry standards

$15M
$5M
Luxor
$8.2M
Discord
$15M
Canva
$30M
Kalshi

Benefits

Remote Work Options

Company News

PR Newswire
Apr 27th, 2026
Luxor expands LuxOS to MicroBT WhatsMiner, and MicroBT intends for a strategic investment.

Luxor expands LuxOS to MicroBT WhatsMiner, and MicroBT intends for a strategic investment. Apr 26, 2026, 19:30 ET SEATTLE, April 26, 2026 /PRNewswire/ - Today, Luxor Technology Corporation ("Luxor") announces the expansion of LuxOS firmware support to MicroBT WhatsMiner series miners, growing the LuxOS ecosystem. In addition, MicroBT, via its investment manager Inflection Technology Limited ("ITL"), has signed a term sheet to make a strategic investment into Luxor. Luxor has also committed to a US$100,000,000 purchase of MicroBT WhatsMiner hardware. Luxor is working directly with a select group of mining partners to deploy and expand model support over time. With more than 300,000 Bitcoin mining machines already running LuxOS globally, Luxor brings to the WhatsMiner ecosystem the same enterprise-grade firmware infrastructure that large-scale mining operators rely on. MicroBT hardware represents a significant share of global Bitcoin mining capacity, and with this expansion, those operators now have access to flexible firmware features. WhatsMiner fleets running LuxOS gain access to Power Targeting, Advanced Thermal Management, safe rapid curtailment, and faster ramp-up time - unlocking new capabilities beyond stock settings. Power Targeting delivers consistent, predictable performance across individual machines and makes infrastructure planning easier at scale. When shifting power targets, LuxOS completes the transition in 30-60 seconds while continuing to hash at higher hashrates - capturing additional hashrate. LuxOS also improves ramp-up time across curtailment events, reaching full capacity faster and reducing the unharvested hashrate lost every time machines cycle. Initial support spans select models in the M50 series. For the full list of supported models, visit docs.luxor.tech. "We are excited to build on the MicroBT WhatsMiner platform. We are consistently impressed by their ability to execute with high-quality machines. Our clients have been asking for WhatsMiner firmware for years, and we have shipped a product that is going to help deliver significant profitability and usability benefits. We are also excited to welcome MicroBT as a strategic investor." - Lauren Lin, Head of Hardware and Software of Luxor "Luxor has continued to be one of MicroBT's trusted global partners. With their talented engineering team, we are excited they are building on top of the Whatsminer platform. We are happy to be taking a strategic position in Luxor and supporting their continued growth through this hardware partnership." - Dr.Yang, CEO and Co-Founder of MicroBT Operators running LuxOS have access to Luxor's full-stack mining experience: pool, hashrate derivatives, energy services, and Luxor Commander for fleet management - unified under a single platform. Commander includes Intelligent Miner, which keeps fleets running at peak profitability by continuously adjusting power settings based on real-time hashprice and energy prices. Luxor is rolling out LuxOS for WhatsMiner in a phased approach, onboarding operations directly to ensure a high-quality deployment experience. Mining operations running WhatsMiner hardware can express interest in access at luxor.tech/contact. About Luxor Technology Corporation Luxor delivers hardware, software, and financial services that power the global compute and energy industry. Its product suite spans Bitcoin Mining Pools, ASIC Firmware, Hardware trading, Hashrate Derivatives, Energy services, a Miner Management software, Commander, and a bitcoin mining data platform, Hashrate Index. If you are interested in contacting Luxor, please email [email protected]. SOURCE Luxor Technology

PR Newswire
Apr 1st, 2026
Luxor launches Commander fleet management software with automated profitability algorithm for Bitcoin mining

Luxor Technology Corporation has launched Commander, a fleet management and profitability optimisation software for Bitcoin mining operations. The platform unifies fleet control, energy management and intelligent mining within Luxor's ecosystem, which currently operates over 500,000 machines. Commander offers real-time fleet monitoring, bulk remote commands and automated profitability optimisation connected to live hashrate and power markets. When integrated with Luxor Pool and energy services, it unlocks Intelligent Miner, an algorithm that evaluates market conditions every five minutes and adjusts power settings accordingly. Internal benchmarking shows Intelligent Miner delivers 8–14% more profitability compared to binary curtailment strategies. The software works with both LuxOS firmware and stock firmware from Bitmain, MicroBT and Canaan, eliminating the need for multiple vendors across mining operations.

Yahoo Finance
Oct 9th, 2025
Luxor Energy goes live, allows miners to pay for power in BTC

Luxor Energy goes live, allows miners to pay for power in BTC. Bitcoin mining software and services company Luxor has rolled out Luxor Energy, an energy service that will allow Texas bitcoin miners to manage and pay for power through Luxor. Announced at The Texas Blockchain Council's North American Blockchain Summit in Dallas, Texas, Luxor Energy is certified as an ERCOT Retail Electric Provider (REP), meaning miners will be able to procure power from ERCOT's wholesale market through Luxor. In addition to cash, miners can use bitcoin as collateral for the power and pay through their Luxor accounts, and they can settle their power bills directly from their Luxor dashboard as well. Luxor is providing a discount on collateral for pool users. Luxor Energy also offers miners curtailment and demand response signalling services to notify them about curtailment events. The company is working on third party integration with miner management software for these services. Luxor Director of Derivatives, Matthew Williams, told Blockspace that Luxor Energy is the logical complement to the company's hashrate forwards offering, a financial product that allows miners and traders to buy and sell the forward production of hashrate. "If you look at it like a miner, there are two things you want to manage, primarily: hashcost, which is the cost to run your operation, and hashprice, which you manage through derivatives. Miners want to maximize the spread between the two. Luxor's derivatives help miners get the highest hashprice, and Luxor Energy helps them get the lowest hashcost. And it's all managed in one platform on Luxor, so they can net the two against each other," Williams said.

Distrito Beta
Sep 8th, 2025
Luxor, Canaan Team up on Financing for 5,000+ Avalon A15 Pro Miners

Canaan Inc. has partnered with Luxor Technology Corporation to provide financing for bitcoin mining machines, beginning with a deal that enabled an unnamed U.S. institutional miner to acquire more than 5,000 Avalon A15 Pro rigs in August.

FinSMEs
Jul 9th, 2025
Unblock Raises $13.5M in Total Funding

Unblock, a Buenos Aires, Argentina-based energy infrastructure company, raised $13.5M in total funding

Recently Posted Jobs

Sign up to get curated job recommendations

Luxor is Hiring for 1 Jobs on Simplify!

Find jobs on Simplify and start your career today

Don't see your dream role? Check out thousands of other roles on Simplify. Browse all jobs →