The bitcoin miner will leverage Luxor’s suite of pool providers on its under-construction 100 megawatts farm.
Bitcoin mining firm and pool operator Luxor Know-how will present Atlas Mining with pool providers in a brand new partnership fashioned between the 2 corporations. Atlas will use Luxor’s providers in its 100 megawatts (MW) mining operation at the moment beneath deployment that sprung from a collaboration with Compute North, a mining service supplier.
“We’re delighted to announce this partnership,” mentioned Raymond Yuan, founding father of Atlas, in a launch despatched to Bitcoin Journal. “Atlas is a world enterprise, and we’re dedicated to main the business with best-in-class native companions like Luxor and Compute North. Luxor, with its superior pool operation, analysis, and innovation, aligns nicely with our values. We’re wanting ahead to a long-term, productive relationship.”
In accordance with the discharge, Atlas expects to finish the primary part of its Compute North deployment by December 15. Nonetheless, the 100 MW farm will not be absolutely operational till the primary quarter of 2022. With the collaboration, Atlas is becoming a member of different main bitcoin miners to associate with Luxor, together with Compute North itself, Hut 8, and Argo Blockchain.
Luxor offers bitcoin miners in North America with merchandise like Hashrate Index, a platform for clear info on the income they need to anticipate; bitcoin mining pool software program servers; and Luxor Change, a proprietary profit-switching software that seeks to maximise rewards by using hashrate to completely different blockchains while being paid in BTC. In June, the corporate raised $5 million in a funding spherical led by bitcoin providers firm NYDIG.
“We’re thrilled to be working with Atlas Mining as they broaden their mining footprint in North America,” mentioned Alex Brammer, Luxor’s VP of enterprise growth, within the launch. “Atlas’ emphasis on creating long-term, strategic partnerships with North American Bitcoin mining service suppliers like Luxor and Compute North is proof of its imaginative and prescient for a sustainable, globally distributed, but domestically resourced Bitcoin mining community.”