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  • LUXXFOLIO Holdings (LUXX) has received 190 Bitmain S19j Pro (100 TH/s) Bitcoin miners
  • More than half of the new miners have been installed, bringing the hash rate to 138 PH/s
  • The company has announced several executive appointments
  • LUXXFOLIO Holdings is a digital asset company operating an industrial-scale cryptocurrency mining facility in the US
  • LUXXFOLIO Holdings Inc. (LUXX) opened trading at $0.39 per share

LUXXFOLIO Holdings (LUXX) has received 190 Bitmain S19j Pro Bitcoin miners.

More than half of the new miners have been installed, bringing the hash rate to 138 PH/s. The remainder will be installed with the ongoing build of phase one of the site expansion.

Executive appointments

LUXXFOLIO has announced the following executive appointments: Kelly Klatik as Executive Chairman, Ken MacLean as President, Kien Tran as Chief Operating Officer, and Anthony Wong as Corporate Secretary.

Dean Linden, Co-founder and founding CEO, will transition from CEO to Chief Communication Strategist.

Recent company highlights

DateMilestones
May 2021:LUXXFOLIO orders 2400 Bitmain S19J Pro miners 
Jun 2021:LUXXFOLIO completes acquisition of industrial-scale crypto mining operation
Jul 2021:LUXXFOLIO receives and installs 590 Avalon miners
Aug 2021:LUXXFOLIO announces expansion to increase capacity from 8MW to 15 MW
Aug 2021:LUXXFOLIO reinvests price rebate and installs an additional 100 Bitmain S19J
Pro miners
Sep 2021:LUXXFOLIO enters into swap agreement on 600 miners and receives early
delivery on 300
Oct 2021:LUXXFOLIO accepts early deliver of an additional 75 Miners (total of 675 early
deliveries) resulting in a Hash Rate increase of 144% since Sept. 1 2021
Oct 2021:LUXXFOLIO confirms order for additional 500 Bitmain S19J Pro miners
thereby increasing anticipated future hash rate to 360 PH/s
Nov 2021:LUXXFOLIO Procures Immersion-Cooling for Crypto Mining Operations with
anticipated 25% Increase in Hash Rate
Nov 2021LUXXFOLIO accepts early delivery of an additional 100 Miners (total of 735
early deliveries) resulting in a Hash Rate increase of 162% since Sept. 1 2021
Nov 2021:LUXXFOLIO closes acquisition of Ethereum mining operation
Dec 2021LUXXFOLIO closes ~$10 Million Institutional led Bought Deal Financing led by
investment banking firm PI Financial
Dec 2021LUXXFOLIO finalizes order for additional 500 Bitmain S19J Pro miners thereby
increasing anticipated future hash rate to 360 PH/s

Estimated miner delivery dates

  • Q1 2022: 600 Miners
  • Q2 2022: 1100 Miners
  • Q3 2022: 300 Miners

LUXXFOLIO Holdings Inc. is a digital asset company. The company operates an industrial-scale cryptocurrency mining facility in the United States running off mostly renewable energy with a focus on the blockchain ecosystem and generation of digital assets. 

LUXXFOLIO Holdings Inc. (LUXX) opened trading at $0.39 per share.

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