Luxor Technologies releases free firmware to boost Bitcoin mining profitability

Luxor Technologies has unveiled its latest release - LuxOS, a custom firmware designed and developed in the United States for third-party Antminer. This firmware allows Bitcoin miners to tune the performance of the ASIC chips in their Bitcoin mining rigs with the goal of optimizing hash rate and improving energy efficiency.

When mining profitability is low, miners can use LuxOS to improve the energy efficiency of their equipment and increase gross margins. Meanwhile, when profitability is high, they can use firmware to increase a machine's hash rate and accelerate the return on their investment.

The LuxOS interface is designed to offer a unique user experience, with valuable and easy-to-read metrics and key performance indicators. Nick Hansen, CEO of Luxor, explained in a statement that they have received feedback from their partners that the market lacked custom firmware designed and developed in the U.S. to help them improve their mining margins.

LuxOS is the first third-party Antminer compatible firmware designed and developed in the United States. The Luxor team built the custom firmware using the Rust programming language. In addition, Bitcoin miners using LuxOS will receive discounted rates when using Luxor's Bitcoin mining pool.

The Luxor company is known for offering a wide range of services and products for Bitcoin mining. It manages a mining pool that allows miners to connect their equipment and share computing power for rewards. It also offers a platform for hashrate trading, which allows miners to sell or buy processing power on the global market.

Luxor is constantly expanding, even beyond the boundaries of Bitcoin mining. The company acquired a marketplace for non fungible tokens (NFT) Ordinals earlier this year, demonstrating its interest in blockchain technology beyond cryptocurrency mining.

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