Luxor Starts First-Of-Its-Kind Bitcoin Mining Rig Marketplace for Large Scale Orders

As the bear market hit the sector, miners started selling more machines, further depressing prices. The price of mining rigs has dropped about 85% in the past year,In the new platform buyers and sellers can create requests for machines in an open-bid system and directly negotiate prices. Currently, the market operates primarily through brokers, including Luxor.

Compass Mining also aggregates listings for mining rigs on sale on a separate platform, however the volume is small, with listings mostly ranging between one to ten machines. Luxor will still be acting as a broker in deals struck through the platform, but other brokers can also sign up. Luxor will be taking a commission from the party who responds to the request, whether they are a seller or a buyer, which will also encourage market making on the platform, said Colin Harper, head of content and research at Luxor.Luxor's RFQ platform promises to unify the marketplace for bitcoin mining machines.

LuxorTechTeam egreechee Loving all guys, ignore the hate!! In hard times like these ones, it is time to build. Rock on!!

LuxorTechTeam egreechee So basically a clone of NiceHash?

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