Bitcoin mining firm Luxor wants to expand its presence in Southeast Asia by partnering with local mining service provider Cryptodrilling.
The company will be integrating Luxor's software, firmware, and derivatives into its own platform called hashOS.app, the firm told The Block, adding it will also receive mining advisory. Thailand-based Cryptodrilling helps mining companies set up critical infrastructure like repair shops and software systems and advises on how to negotiate power contracts, build facilities and acquire machines.
Cryptodrilling operates across different areas in Southeast Asia with a focus on Laos, where the government has allowed bitcoin miners to operate and set specific fees.
(By Catarina Moura)
Get the latest news here: Cointime channel — https://t.me/cointime_en
All Comments