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LM Funding America, Inc. Upgrades Fleet Efficiency and Hashrate with Luxor Firmware by 10-15%
LMFALM Funding America(LMFA) GlobeNewswire·2025-02-19 13:00

Core Insights - LM Funding America, Inc. has announced a strategic partnership with Luxor Technology Corporation to deploy LuxOS firmware on its Bitcoin mining fleet, aiming to enhance mining efficiency and profitability [1][2][3] Company Overview - LM Funding America, Inc. operates as a Bitcoin mining and specialty finance company, founded in 2008 and based in Tampa, Florida [6] - Luxor Technology Corporation specializes in Bitcoin mining software and services, offering a range of products for the mining and compute power industry [7] Partnership Details - The LuxOS firmware upgrade was completed in early February 2025, expected to optimize mining machines, increase efficiency and hashrate by 10-15%, and improve system reliability [2][3] - The partnership is anticipated to enhance LM Funding's Bitcoin mining efficiency, leading to higher profitability and extended machine life without additional hardware investment [2][3] Technology Insights - LuxOS features intelligent auto-tuning, adjusting machine voltage and frequency to maximize hashrate while reducing power consumption [4] - The Advanced Thermal Management system of LuxOS ensures long-term operational stability by dynamically adjusting performance based on temperature thresholds [4] Compliance and Security - Luxor is the only U.S.-based firmware to achieve SOC 2 (Type II) certification, demonstrating a commitment to security, reliability, and compliance in institutional Bitcoin mining operations [5]