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Luxor announces partnership with Canaan to provide financing support for Bitcoin mining machines
Summary: According to The Miner Mag, Luxor has partnered with Canaan to provide financing support for Bitcoin mining machines. The first project of this collaboration helped a US institution miner purchase over 5000 Avalon A15 Pro mining machines in August. The financing plan offers competitive interest rates and lower collateral requirements, with funding coming from Luxor's ...
According to The Miner Mag, Luxor has partnered with Canaan to provide financing support for Bitcoin mining machines. The first project of this collaboration helped a US institution miner purchase over 5000 Avalon A15 Pro mining machines in August. The financing plan offers competitive interest rates and lower collateral requirements, with funding coming from Luxor's loan partners. With the hardware arms race among North American Bitcoin mining companies cooling down, Canaan hopes to promote institutional adoption of its devices and support sales growth through financing options.
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Link: Luxor announces partnership with Canaan to provide financing support for Bitcoin mining machines [Copy]
