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Luxxfolio Holdings Inc C.LUXX

Alternate Symbol(s):  LUXFF

Luxxfolio Holdings Inc. is a Canada-based integrated digital infrastructure company that monetizes unique identifiable assets (UIAs). The Company operates through the Bitcoin mining segment. The Company operates an industrial scale cryptocurrency mining facility in the United States powered primarily by renewable energy with a focus on Bitcoin mining and generating digital assets on the blockchain ecosystem. It provides investors with a liquid alternative for exposure to digital assets like Bitcoin via the traditional capital markets. The Company’s wholly owned subsidiaries include Luxxfolio Network Inc. (Luxxfolio) and WestBlock Capital Inc. (WestBlock).


CSE:LUXX - Post by User

Post by Magnum2on Jan 26, 2023 12:02pm
199 Views
Post# 35247904

Banana Buoy

Banana BuoyThese Bitty machines are now a dime a dozen, last I read one of the Miners was adding new and improved(the latest models) at 20% of what they cost last year....so what these guys have 650 Miners are virtually worthless today.

Their site is permited, but if they aren't making money below $30K USD$/BTC then you know they had too much overhead or the power contract isn't cheap enough...I doubt there is much value there either.

Their NR says they are looking into other opportunities in Bitcoin, so safe to say they have NO plan.

I may join you at a Penny or half a cent, but ppl are overpaying here at 1.5 and two cents, they have nothing of value.....besides I'm sure other Miners have whole set ups for sale, GLXY just bought a section of BITF.

Stick with HUT on a pullback, or GLXY(not as sexy) but they will still be around if BTC sells off again.


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