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Luxor Launches Auction Platform for Trading Crypto Miners

Luxor Launches Auction Platform for Trading Crypto Miners

Mining company Luxor has recently introduced a trading platform for the sale and purchase of Bitcoin miners.

The marketplace, dubbed Luxor RFQ, allows users to create order requests by model, condition, device location, and other criteria. In addition, sellers can even mix devices from different manufacturers in the offer.

The company has said:

“Historically, ASIC miners have traded OTC in an opaque and regionally fragmented market. Luxor RFQ will ensure its integrity and transparency by providing buyers, sellers and brokers with a centralized hub to coordinate orders, offers and sales.”

A few hours after the launch of the marketplace, Luxor has noted that the trading volume had already exceeded $1.6 million.

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