Atlas Teams With Luxor to Migrate More Bitcoin Mining to North America

Atlas Teams With Luxor to Migrate More Bitcoin Mining to North America
Singapore-based crypto mining company Atlas Mining has partnered with Luxor Technology to provide mining pool services, helping expand Atlas’s operations in North America following China’s sweeping crypto-ban.The partnership comes after Atlas signed a 100-megawatt “colocation capacity” deal with U.S.-based Compute North on Oct. 19, which will expand Atlas’s hashrate, or computing power, to over 3 EH/s starting in the first quarter of 2022.Atlas will use a portion of the ASIC mining computers that are hosted in Compute North’s facilities, and will leverage Luxor’s bitcoin mining pool for hashrate liquidation, according to a statement on Monday.On the heels of China’s crypto-ban,…