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Luxor Technology and hardware manufacturer MicroBT have entered into a major strategic partnership, headlined by a $100 million commitment to purchase WhatsMiner mining rigs. This substantial deal aims to bolster mining infrastructure and secure a steady supply of high-performance hardware for Luxor's operations. In tandem, MicroBT has signed a term sheet to invest in Luxor, signaling a move to deepen capital and operational ties between the two firms. This collaboration underscores a long-term confidence in the Bitcoin mining sector and the rising demand for energy-efficient hardware. The partnership is expected to strengthen the market position of both companies within the global crypto ecosystem while providing capital for growth. This investment represents a significant evolution in the relationship between mining pool operators and hardware manufacturers.
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