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OrdinalHub

Bitcoin miner Luxor acquires Bitcoin NFT development platform OrdinalHub

ChainCatcher news, Bitcoin miner Luxor has acquired the Bitcoin NFT development platform OrdinalHub. Luxor stated that it hopes to become a "core participant" in the "emerging movement," noting that the emerging market still lacks "robust enterprise-level solutions for indexing collections, custodial trading, and facilitating price discovery." Luxor and OrdinalHub will continue to operate as independent brands.Luxor's CEO stated that Ordinals have opened new monetization strategies for Bitcoin miners. There is a natural synergy between Luxor's mining pool and OrdinalHub, which will place Luxor in a unique position to build critical infrastructure for the industry to promote growth.It is reported that the company has been gradually expanding its product offerings in the Bitcoin mining sector, launching a mining machine auction platform earlier this month and introducing derivatives based on Bitcoin mining revenue last October. (The Block)
2023-02-23
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