Luxor Energy goes live, allows miners to pay for power in BTC

Core Insights - Luxor has launched Luxor Energy, an energy service for Texas bitcoin miners to manage and pay for power, certified as an ERCOT Retail Electric Provider [1] - Miners can use both cash and bitcoin as collateral for power payments, with the ability to settle bills directly from their Luxor dashboard [2] - Luxor Energy provides curtailment and demand response signaling services, enhancing operational efficiency for miners [2] Group 1 - Luxor Energy allows miners to procure power from ERCOT's wholesale market, facilitating better energy management [1] - The service includes a discount on collateral for pool users, incentivizing participation [2] - Integration with third-party miner management software is in progress, expanding service capabilities [2] Group 2 - Luxor Energy complements the company's hashrate forwards offering, which enables miners and traders to buy and sell future hashrate production [3] - The platform aims to help miners manage both hashcost and hashprice, maximizing their operational efficiency [4] - By using Luxor's services, miners can optimize the spread between their operational costs and market prices [4]