LM Funding (LMFA) America announced a strategic partnership between its US Digital Mining and Hosting subsidiary, or USDM, and Luxor Technology, a leader in Bitcoin (BTC) mining software services, for the deployment of LuxOS firmware on the Company’s Bitcoin mining fleet. The LuxOS firmware upgrade was completed in early February 2025 and is expected to optimize the Company’s machines, increase efficiency and hashrate, and improve overall system reliability across various operational conditions. LM Funding expects this software upgrade to enhance its Bitcoin mining efficiency by 10%-15%, directly resulting in higher profitability and extending machine life.
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