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Compute North Announces Partnership with Luxor to Launch Mining Pool to Enhance Full-Stack Mining Solution

Date Published

01/20/2021

Compute North, an industry leader in high-powered, large-scale data infrastructure for blockchain and high-performance computing, today announced a successful partnership with Luxor to bring to market a fully integrated mining solution for Compute North clients now including a mining pool. Leveraging the scale of Luxor’s pool base and management expertise with the reliability and back office integration engine that Compute North provides, gives miners a compelling solution over their peers.

Eden Prairie, MN — January 21, 2021 – Compute North, an industry leader in high-powered, large-scale data infrastructure for blockchain and high-performance computing, today announced a successful partnership with Luxor to bring to market a fully integrated mining solution for Compute North clients now including a mining pool. Leveraging the scale of Luxor’s pool base and management expertise with the reliability and back office integration engine that Compute North provides, gives miners a compelling solution over their peers.

Offering both traditional hosting solutions as well as managed blockchain services, the addition of the mining pool serves to further bring together the key components of an efficient mining operation, reducing the number of vendors and platforms a customer needs to monitor and track miner activity. Mining pools are increasingly becoming integrated into broader mining ecosystems of exchanges, financing packages, financial instruments, and colocation. By combining the mining pool and colocation stack, miners can benefit from a more seamless mining solution. These solutions are important for institutional clients that require full transparency and reporting into all parts of their mining operations.

“We’re proud to partner with Luxor on our Compute North Bitcoin mining pool, as it represents the next step in our evolution of managed service offerings,” said Dave Perrill, CEO, Compute North. “Through this partnership, we’re excited to offer premier-level services at competitive rates to the mining ecosystem.”

Features of Compute North Bitcoin mining pool include:

  • Efficiency and Uptime: With share-processing servers that are in redundant, globally distributed clusters of servers, the pool works to reduce latency and increase the efficacy of the processing power. The closest server is in Iowa, the neighboring state, providing the lowest latency and reject rate of any pool option. Also, the combination of Compute North’s in-house hashrate monitoring with the pool side reporting allows for quicker detection of hashrate inefficiencies.
  • Transparent Reporting: Understanding the importance of pool to hash performance visibility, detailed analytics are provided in MinerSentryTM, the company’s proprietary cloud-based management and monitoring platform. Customers benefit from near real-time reconciliation of hash rates (pool vs. machines) to support streamlined audit reconciliation, along with a mining dashboard to help keep track of miners.
  • Competitive Payouts: The Compute North pool offers auto-payouts in BTC for all hashrate and a robust payout method calculated using an average of the transaction fees over the last 24 hours for the full-pay-per-share (FPPS) rate. Payouts are made hourly for all accounts with a balance greater than 0.001 BTC.
  • Customer Support: Customers can easily connect directly with the knowledgeable, technical team members for timely resolution of any questions or customer related inquiries.

“We have been working with miners hosted in Compute North facilities for almost three years now,” said Ethan Vera, Co-founder, Luxor. “Since that time, we have built a good understanding of the company’s core principles of putting customers first, with a strong focus on a positive user experience. We are extremely excited to take our partnership a step forward and help offer a fully integrated mining solution to their miners.”

The Compute North pool is now available. Existing customers may contact their sales representative. For more information about the Compute North managed services, visit: https://www.computenorth.com/managed-blockchain-services/.

 

About Compute North

Compute North provides efficient, low-cost, infrastructure for clients in the blockchain, cryptocurrency mining and the high-performance computing space. With extensive experience in installing, scaling, and operating cryptocurrency and blockchain infrastructure, Compute North is a trusted provider in the industry with facilities in Texas, South Dakota and Nebraska. The company hosts equipment from the industry’s biggest names, including Bitmain, MicroBT, Canaan, Obelisk, Innosilicon, and more. For additional information, please visit computenorth.com.

Date Published

01/20/2021

Author

First Scribe

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