Luxor launches platform for buying and selling bitcoin miners

Luxor Technology, an American mining company, has launched a trading service for bitcoin mining equipment, CoinDesk.

Luxor ASIC Trading Desk will buy and sell specialized ASIC mining devices on behalf of the firm’s team, miners, and investors.

“After moving tens of thousands of rigs and servicing miners across several continents, we have streamlined the equipment procurement process,” said Lauren Lin, the firm’s business analyst.

The service is designed to serve both retail and institutional clients.

Luxor said that the main aim of the ASIC Trading Desk is to help miners access equipment at fair market prices on both primary and secondary markets.

According to Luxor, the platform offers new and used ASIC miners, GPUs, and parts for devices.

We’re thrilled to announce the launch of our ASIC Trading Desk! 🥳⛏️🎛

You can now shop for used rigs, new rigs, futures orders, GPUs, and parts on our brokerage site 👇https://t.co/pRH4D2hgp1 pic.twitter.com/Wo5XdpKbie

— Luxor Mining (@LuxorTechTeam) January 11, 2022

“Our aim is to simplify the procurement process so that miners can spend more time building hash rate and worry less about how to find it,” said Luxor’s vice president of business development, Alex Brammer.

In December 2021, the operator of the Foundry US mining pool announced the launch of a trading platform for buying and selling bitcoin mining equipment.

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