Atlas Technology Group LLC , a global leader in the digital asset space and one of the largest ASIC mining companies, has entered into a partnership with Luxor Technology Corporation for mining pool services for 100 megawatts of its Bitcoin mining operation.
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Atlas will be deploying a portion of its North American ASIC fleet in Compute North’s facilities and will leverage Luxor’s Bitcoin mining pool for hashrate liquidation. In its partnership with Compute North, Atlas will have up to 100MW of power at its disposal, powering over 3 exahash (EH) of hashrate.
“We are delighted to announce this partnership. Luxor’s professionality and technical capacity are impressive,” said Raymond Yuan, Founder of Atlas. “Atlas is a global enterprise, and we are committed to leading the industry with best-in-class local partners like Luxor and Compute North. Along the course of expanding the scale of its hashrate, Atlas values highly on efficiency, sustainability, and ESG duties. Luxor, with its advanced pool operation, research, and innovation, aligns well with our values. We are looking forward to a long-term, productive relationship.”
Atlas anticipates that the first phase of its Compute North deployment .
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“We are thrilled to be working with Atlas Mining as they expand their mining footprint in North America,” notes Alex Brammer, Luxor’s VP of Business Development. “Atlas’ emphasis on developing long-term, strategic partnerships with North American Bitcoin mining service providers like Luxor and Compute North is evidence of its vision for a sustainable, globally distributed, yet locally resourced Bitcoin mining network. Luxor’s aim is to continue to grow as the premier North American-based mining pool, and Atlas is an extremely valuable partner in this endeavor.”
Atlas is expanding its presence in the Bitcoin mining sector and it is also joining other leading mining companies such as Hut 8 Mining Corp, Compute North, CCU, Neptune Digital and Argo Blockchain in its partnership with Luxor, one of North America’s largest mining pool operators.
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