Luxor just raised $16M to expand its AI compute business.
Here's what Bitcoin investors should be watching.
Mining companies already control something AI desperately needs: power infrastructure.
If AI customers offer better returns on that infrastructure, miners have a financial incentive to diversify.
Bitcoin mining's biggest competitor could become AI.
⚡️@luxor $16M Strategic Round
📑 About:
Software, hardware and financial services for Bitcoin mining and AI compute.
🤝 Investors:
@CMT_Digital (Lead), Steelhead Capital Management, @canaanio, and MicroBT
Beyond Luxor and southern Spain, the 2027 eclipse path crosses Mediterranean islands, mountain towns, desert oases and historic cities. Here are 10 less obvious places to experience totality on Aug. 2, 2027.
BREAKING NEWS
Luxor Mining, one of the biggest mining pools in the USA, has officially claimed its NAT mining rewards.
Everyday NAT moves closer to its goal of becoming vital infrastructure to the Bitcoin ecosystem.
Cheaper GPU rentals can squeeze AI hosts still paying off their machines, even when demand stays strong.
Compute hedges could protect rates, but cannot fill idle GPUs. Luxor says a liquid derivatives market has yet to form.
A most distinctive monument in Egypt: the mortuary temple of Pharaoh Hatshepsut at Deir el-Bahari, on the west bank of the Nile at Luxor. What makes it immediately recognizable is its geometry.
Ancient Egypt’s former capital is about to become ground zero for the world’s eclipse chasers. On Aug. 2, 2027, the moon’s shadow will cross Luxor shortly after 1 p.m. local time, bringing 6 minutes 19 seconds of totality to the ancient city.
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Photo: Getty Images