Bitcoin Miner Luxor Eyes North American Expansion With $5M Funding Round

6/10/2021 Bitcoin miner Luxor eyes North American expansion with $5M funding round
MARTIN YOUNG 2 HOURS AGO
Bitcoin miner Luxor eyes North American expansion with $5M funding round
Luxor and NYDIG have teamed up to foster growth for the North American crypto mining industry.
4722 10 1:58
https://cointelegraph.com/news/bitcoin-miner-luxor-eyes-north-american-expansion-with-5m-funding-round 1/14
NEWS
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Seattle-based mining software company Luxor has closed a Series A funding round led by institutional Bitcoin technology and
financial services firm NYDIG.
Luxor announced the $5 million funding round on June 9, adding that NYDIG will collaborate with Luxor on a number of mining-
related ventures and hashrate-based products.
Also participating in the equity round were mining companies Blockware Solutions, Celsius Network, DPO, Navier, and Supplybit.
A number of angel investors along with Bitnomial, Hodl Capital, and Routemaster also participated.
According to the announcement, Luxor and NYDIG aim to help grow the North American mining industry with Luxor working on
making hashrate a commodity, and NYDIG providing Bitcoin investment and technology solutions to insurers, banks,
corporations, and institutions.
Luxor provides a software solution called Switch that employs a profit-switching algorithm designed to maximize earnings by
switching between blockchains and venues to capitalize on the best block rewards. Nick Hansen, CEO, and co-founder of Luxor,
commented:
“Luxor is uniquely positioned to capitalize on industry tailwinds that see hashrate continuing to migrate to North
America.”
The announcement comes as China continues to crack down on crypto mining operations and U.S. lawmakers grow increasingly
agitated over Bitcoin payments for ransomware attacks.
g
6/10/2021
p y Bitcoin miner Luxor eyes North American expansion with $5M funding round
As reported by Cointelegraph, China’s dominance over hashrate is dwindling while America's is increasing as mining operations
can tap into an abundance of cheap renewable energy in states such as Texas.
Robert Gutmann, co-founder and CEO of NYDIG, stated:
“We're confident in Nick's vision and his team's ability to drive and expedite the hashrate migration to North America,
and the development of instruments that can strengthen the Bitcoin ecosystem.”
On June 4, Cointelegraph reported that a number of Chinese mining operations were closing up shop on the mainland and
seeking international expansion.
#Bitcoin #Mining #Bitcoin Mining
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BRIAN QUARMBY 15 MINUTES AGO
Nifty News: Doge NFTs much wow, Paris Hilton is an NFT advisor, NFT game raises $3M
The founder of Doge dropped a three-tiered series of NFTs and Paris Hilton becomes an NFT advisor.
1162 1 4:55
NEWS
Billy Markus, the co-founder and engineer of Dogecoin (DOGE), who also sold off his DOGE stash for the equivalent of a used
Honda Civic in 2015, has entered the nonfungible token (NFT) market.
On June 9 Markus unveiled the drop of Doge-based NFTs dubbed “Capped Dogecoin” which he described as “Much cap very
On June 9, Markus unveiled the drop of Doge based NFTs dubbed Capped Dogecoin which he described as Much cap, very
deflation, many tokenomics. Many Available.”
Shibetoshi Nakamoto
@BillyM2k
Capped Dogecoin - Much cap, very deflation, many

tokenomics. Many available!
- Tier 1 is available on Rariable, 420 issued:

rarible.com/billym2k
- Tier 2 is also on Rariable, 3 issued (already sold out)
- Tier 3 is up for auction on @withFND, only 1:

foundation.app/@billym2k/capp…
12:40 AM · Jun 9, 2021
1.4K 157 Share this Tweet
The NFTs are split into three tiers, and all depict a spinning golden coin, with a picture of the iconic Shiba Inu in a Dogecoin
baseball cap — with the upper two-tiered NFTs having more detail such as a colored cap, an outer space background or a shiner
polish to the coin.
Tier-one is an open edition of 420 copies and can be purchased on Rarible for 0.081 wrapped Ether (wETH) worth $208.52 at
current prices.
Tier-two is already sold out on Rarible, and had three copies which sold for 0.8 Ether (ETH) each worth around $2,063.
The third tier consisted of a one-of-one which sold for 1.5 ETH worth $3,866 on Foundation earlier today, with Foundation user
“swaggmire” purchasing the rights to the NFT.
Interestingly, “swaggmire” went on to re-list the NFT for 420.69 ETH worth around $1 million, however that appeared to be in
jest, as they promptly changing the price to 6 ETH worth roughly $15,500.
Paris Hilton becomes an NFT advisor
While other celebrities have since left the NFT space following a cooldown of prices in the market, billionaire and self-described
“boss girl” Paris Hilton is doubling down.
Paris Hilton @ParisHilton · Jun 9, 2021

Thank you Josh! So honored and excited to be a part of this!
$OGN
Josh Fraser @joshfraser

Excited to welcome @ParisHilton as an $OGN investor and
advisor to @OriginProtocol. Excited to have her onboard as we
bring #NFTs and crypto to the mainstream.
nypost.com/2021/06/08/par…
BitIcon
@BitIcon2
Paris crypto angel
5:27 PM · Jun 9, 2021
885 39 Share this Tweet
According to a June 8 Medium blog post from Origin — Paris Hilton has joined the team as an investor and an advisor, with the
firm seeking her out to provide expertise on how to cater to the upper echelons of society.
Origin Protocol
@OriginProtocol
World-renowned business & media icon @ParisHilton is

joining Origin as an advisor & $OGN investor.
She will be supporting our mission of making NFTs

mainstream, advising on delivering value to top celebrities
& more.
Welcome to Team Origin, Paris!
Paris Hilton Joins Origin as Investor and Advisor

Today, we welcome Paris Hilton as both an investor and advisor to Origin.
We’re ecstatic that the world-renowned entertainment and business…
medium.com
8:05 PM · Jun 8, 2021
663 52 Share this Tweet
“As an investor and advisor, Paris will provide strategic advice on how to most effectively deliver value with NFTs for top-tier
creators like celebrities, influencers, and brands.” the blog post read.
Origin is an Ethereum-based protocol that helps buyers and sellers transact in a decentralized environment.
According to the firm’s website, the project wants to bring “NFTs and DeFi to the masses” by enabling users to host NFT sales on
their own domains, and also by offering yielding returns along with its governance token, and OUSD stablecoin.
Guild of Guardians
A new mobile-based NFT game called Guild of Guardians has completed the first wave of its "Founder’s NFT sale," raising $3
million in sales, according to an announcement shared with Cointelegraph.
The sale was for a collection of usable and “playable” NFTs that will be introduced into the game, with prices ranging from $200
6/10/2021
p Bitcoin
y g
miner Luxor eyes North American expansion with $5M funding round
p g g
to $100,000.
Guild of Gurdians
Philippines-based crypto gaming collective Yield Guide Games purchased one of the 10 “mythic guild” NFT worth $100,000. The
mythic guild NFT allows up to 50 players to enter the game and provides the guild owner a 10% cut of earnings from guild
crafting in the game.
“The community response has been incredible. Over 50% of all sales came via referrals — indicating that the community was
sharing with each other, and there is a real 'share-to-earn' aspect in place," said Derek Lau, Game lead for Guild of Guardians.
The game follows the play to earn model, however, Lau also expressed the importance of developing a game that is fun to play
and not just about the monetary rewards:
“Rather than 'play-to-earn,' we want to instill the idea of 'play-and-earn' — ensuring that players are not just playing to make
money alone, but playing for fun and great gameplay as well," Lau said
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#Dogecoin #Business #Games #mobile games #NFT
RELATED NEWS
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This all-in-one DeFi platform wants to bring crypto to the masses
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Blockchain games have struggled to compete with traditional titles… until now
NFT game developer Animoca Brands completes capital raise at $1B valuation
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6/10/2021 Bitcoin miner Luxor eyes North American expansion with $5M funding round

MARTIN YOUNG 2 HOURS AGO

Robert Gutmann, co-founder and CEO of NYDIG, stated:

#Bitcoin #Mining #Bitcoin Mining

Blockchain to Disrupt Music Industry and Make It Change Tune

No, Bitcoin is not ‘technobabble’

Chinese Bitcoin miners abandon ship ahead of incoming crypto crackdown

China to socially blacklist Bitcoin miners in Inner Mongolia region

BRIAN QUARMBY 15 MINUTES AGO

Capped Dogecoin - Much cap, very deflation, many

- Tier 1 is available on Rariable, 420 issued:

- Tier 2 is also on Rariable, 3 issued (already sold out)

- Tier 3 is up for auction on @withFND, only 1:

12:40 AM · Jun 9, 2021

1.4K 157 Share this Tweet

Paris Hilton becomes an NFT advisor

Paris Hilton @ParisHilton · Jun 9, 2021

Josh Fraser @joshfraser

Paris crypto angel

5:27 PM · Jun 9, 2021

885 39 Share this Tweet

World-renowned business & media icon @ParisHilton is

She will be supporting our mission of making NFTs

Welcome to Team Origin, Paris!

Paris Hilton Joins Origin as Investor and Advisor

8:05 PM · Jun 8, 2021

663 52 Share this Tweet

DELIVERED EVERY MONDAY

Subscribe to the Markets

By subscribing, you agree to our

#Dogecoin #Business #Games #mobile games #NFT

Crypto Crime on the Rise — Good Odds of 2020 Becoming a Record-Breaker

This all-in-one DeFi platform wants to bring crypto to the masses

The rise of NFTs must be accompanied by further decentralization

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