Luxxfolio Invests in 228 Bitmain Scrypt Miners to Expand Litecoin Mining Operations

Canadian company Luxxfolio has announced the deployment of 228 Bitmain Scrypt miners, expanding its Litecoin mining operations to a total of 288 miners. Management expects that the expanded fleet will generate approximately CAD 120,000 in gross mining revenue per month. This estimate includes digital assets from Litecoin and merged mining but does not account for hosting, electricity, and other operational costs, and it is not a forecast of net income or cash flow.

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