Luxor refutes claims its Bitcoin hash rate-backed product is BlockFi, Celsius 2.0
“The return comes from hash rate, not from pixie dust, Ponzi schemes, or rehypothecation,” a Luxor Technology executive stressed.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
“The return comes from hash rate, not from pixie dust, Ponzi schemes, or rehypothecation,” a Luxor Technology executive stressed.
Why this matters
This mining story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Bitcoin’s 7-Day Hashrate Returns to 1 ZH/s After Nearly 8 Months
Bitcoin’s computational firepower, measured by its network hashrate, has reclaimed the 1 zettahash per second (ZH/s) threshold, wi...
Bitcoin Hashrate Reclaims One Zettahash As Mining Competition Rebounds
TL;DR: BlocksBridge reported Bitcoin’s seven-day hashrate above one zettahash in the week to October 22. Mining competition has re...
Miner Weekly: Bitcoin Hashrate Shrugs off the AI Unplug, Regaining 1 ZH/s Level
Big public miners are making room for artificial intelligence (AI). Bitcoin’s hashrate is climbing anyway. This article first appe...
Kraken Lists SFI As Saffron Puts Uniswap Trading Fees At The Center Of Its Product
Kraken added SFI trading on October 23, bringing fresh exchange access to a token attached to a protocol that has changed substant...
NIP Group Signs Bitcoin Miner Purchase To Add 4.47 Exahash Of Capacity
TL;DR: NIP Group has agreed to purchase already deployed Bitcoin mining machines with about 4.47 EH/s of hash rate, subject to clo...
Grayscale Looks Beyond AI Tokens To The Data And Credit Behind Computing
Grayscale’s October 23 research note looks at a more specific crypto-and-AI proposition than a general bet on smarter software: wh...