Luxor creates a centralized hub for trading mining equipment

Luxor is opening a specialized space to streamline the trading of cryptocurrency mining devices. According to the company’s statements, it makes it possible to form demands for devices according to their characteristics and state but also to offer miners from different manufacturers.

We are used to trading asic miners in an over-the-counter manner in a non-transparent and divided environment. With Luxor RFQ, there will be a convenience for all market participants centralized hub.

Trading volume reached $1.6 million in the first hours since its launch.

As for the cost of cryptocurrency mining equipment it has continued to be at its lowest levels since a huge drop in 2022.

As a reminder, the complexity of BTC mining rose again this week. The increase in miners’ income became possible through the rise in the cost of the cryptocurrency itself.