whatsminer

According to The Block, Bitcoin mining infrastructure company Luxor Technology announced a deepened partnership with MicroBT, committing to invest $100 million in the procurement of WhatsMiner mining machines.As part of the agreement, MicroBT signed a letter of intent to invest in Luxor through its investment management firm Inflection Technology Ltd., with the specific amount undisclosed. In addition, Luxor will support WhatsMiner mining machines through its LuxOS firmware, with new features including power switching completed within 30 to 60 seconds, improved startup speed during power limitation events, and will be rolled out in phases. Mining operators running LuxOS will have access to a complete service system including Luxor mining pool, hash rate derivatives, energy services, and fleet management tools.

ChainCatcher news, according to TheMinerMag, Bitcoin mining company Riot has raised nearly $560 million through stock issuance over the past four months for its large-scale purchase of WhatsMiner mining machines from Bitcoin miner manufacturer MicroBT.Riot disclosed in its annual report on Friday that it achieved a total net gain of $747.7 million from its stock issuance in 2023. Notably, 60% of this, approximately $444 million, was obtained in the last quarter. The company added that it has raised an additional $115 million through market transactions since December 31.It is reported that Riot announced the purchase of MicroBT's flagship products, the WhatsMiner M56S and M66 series, totaling 25.7 EH/s, worth approximately $453.4 million, in June and December. The goods began shipping in the fourth quarter and are expected to be fully delivered and deployed by mid-2025.Meanwhile, Riot has reached an option agreement with MicroBT to purchase up to 18.75 EH/s of WhatsMiner annually before the end of 2027. If the option is fully exercised, Riot will need to raise at least another $1.2 billion.

According to ChainCatcher news, as reported by Cointelegraph, Phoenix will acquire water-cooled mining equipment from WhatsMiner worth over $136 million, with an option to purchase an additional $246 million worth of equipment. WhatsMiner's hydro-cooling equipment series was launched in 2022, and according to the company's website, current prices range from $1,008 to $2,484.