Seattle-based mining software firm Luxor Technology has secured a $100 million hardware purchase commitment from MicroBT, alongside a term sheet for MicroBT's strategic investment via its investment manager Inflection Technology Limited (ITL). The deal was announced on April 26, 2026.
LuxOS Firmware Now Runs on Whatsminer M50 Series
LuxOS, previously deployed on more than 300,000 bitcoin mining machines worldwide, now extends its firmware infrastructure to MicroBT's Whatsminer fleet. Initial support covers select models in the M50 series, with broader model coverage planned over time. Luxor said it is working directly with a group of mining partners to deploy the firmware, ensuring quality control.
Power Targeting and Faster Recovery Go Live
Whatsminer miners running LuxOS gain access to Power Targeting, Advanced Thermal Management, safe rapid curtailment, and faster ramp-up times. Power Targeting delivers consistent performance across individual machines, making infrastructure planning more predictable at scale. When operators shift power targets, LuxOS completes the transition in 30 to 60 seconds while miners continue hashing at higher rates, capturing hashrate that would otherwise be lost. Recovery time after curtailment events is also shortened, reducing hashrate lost each time a fleet cycles down and back up.
Executives: Years of Demand Finally Met
Lauren Lin, Head of Hardware and Software at Luxor, said clients had been requesting Whatsminer firmware support for years. “We have shipped a product that is going to help deliver significant profitability and usability benefits,” Lin said, adding that Luxor welcomes MicroBT as a strategic investor. Dr. Yang, CEO and co-founder of MicroBT, called Luxor a trusted global partner and said MicroBT is taking a strategic position to support Luxor's continued growth through the hardware partnership.
Platform Ecosystem: Mining Pool, Derivatives, Energy Services
Operators using LuxOS gain access to Luxor's broader platform, including a bitcoin mining pool, hashrate derivatives, energy services, and fleet management tool Luxor Commander. Commander includes Intelligent Miner, which adjusts power settings in real time based on hashprice and energy prices to keep fleets running at peak profitability.
Luxor is rolling out LuxOS for Whatsminer in phases, onboarding operations directly to maintain deployment quality. The full list of supported models is available at docs.luxor.tech. The deal ties hardware, firmware, and financial tooling closer together, potentially reshaping how large-scale mining farms operate.