- Luxor has pledged $100 million to purchase MicroBT’s WhatsMiner platforms, expanding the partnership that now includes hardware purchases and software support.
- MicroBT has also signed a term sheet to invest in Luxor through its investment manager, while Luxor is expanding LuxOS firmware support for WhatsMiner devices.
Luxor and MicroBT are consolidating one of the most practical partnerships in… Mining sector, linking capital and operational hardware and software supplies in a way that appears increasingly deliberate rather than opportunistic.
According to A statement Released on Sunday, Luxor has set aside $100 million to buy MicroBT WhatsMiner platforms. Meanwhile, MicroBT has signed a term sheet to invest in Luxor through its investment manager, Inflection Technology Ltd, although the two companies have not disclosed the size of this planned investment.
The partnership now extends beyond hardware sales
That second piece is important. Mining equipment manufacturers routinely sign large supply deals, but planned equity or strategic investment relationships are rare and usually indicate a long-term bet on how the buyer fits into the broader mining group. In this case, Luxor is not just purchasing machinery. They are also becoming more closely linked to the software and operational layer that helps those devices operate more efficiently.
As part of the expanded arrangement, Luxor said it will expand support for WhatsMiner devices through LuxOS, its proprietary firmware platform. The added software layer will allow MicroBT devices to go beyond their default settings and have more responsive playback controls, the company said.
Firmware control is part of the competitive advantage
Luxor said LuxOS can complete targeted energy transitions in 30 to 60 seconds while still hashing, a detail that may seem small but is important in markets where miners are constantly reacting to energy prices, curtailment events and uptime pressures. The firmware also aims to improve ramp-up times after curtailment, which can have a direct impact on operational efficiency and revenue capture.
The result is a partnership that now spans across procurement, performance control and strategic capital. For a mining industry that has become more margin-sensitive and more operationally disciplined, this type of alignment is not trivial. This suggests that both companies see the next stage of competition as being won not only by who ships more rigs, but by who can make those rigs more flexible and profitable once they are operational.





