BitMine Immersion Technologies (OTCQX: BMNR), a growing player in the Bitcoin mining industry, faced a very common industry opportunity & challenge: how to bring hashrate online in the best way possible. The complexities of sourcing energy, power infrastructure, site development, running operations, ASIC procurement, software optimization, and hashrate management require a holistic approach and entail many operational risks. An experienced capital allocator, BitMine was familiar with these risks owing to deep experience in similar markets prior to founding the company. However, they were open to support.

Enter Soluna and Luxor, two industry leaders partnering to provide a complementary solution.

Soluna provided power, infrastructure, and operational expertise. Luxor delivered financing, hedging, procurement, software optimization via LuxOS, and monetization of hashrate via Luxor Pool.

Together, they formed a game-changing partnership that addressed BitMine’s needs, setting a new standard for turnkey mining solutions.

This case study explores how the collaboration between BitMine, Soluna, and Luxor streamlined deployment, mitigated risk, and unlocked new growth opportunities.