Luxor Mining acquires OrdinalHub amid Bitcoin-based NFTs hype

Mar 06, 2023 | wjb news

The Bitcoin serial number, which was launched in January this year, has caused strong repercussions in the login password community, with people worried about his position in the bitcoin ecosystem. Users have debated whether they have provided new test cases for Bitcoin, or whether it has robbed Bitcoin of its corporate vision of P2P cash system software.

Whatever the community's view of the NFT conundrum, this has not stopped BTC extractor Luxor Mining from acquiring EveralHub, an important service platform for NFT.

The announcement, to be released on February 20th, has already designed 150000 tombstones (serial numbers), an increase of 15000% from the beginning of this month.

Luxor notes that the current status of bitcoin serial numbers is forged and hosted by a variety of discordant servers, making it difficult for collectors and founders to track every new project. The website claims that the site will become the "core area" of the street to solve this problem.

Luxor CEO Knicks Hansen praised the quality of ordinal breakthroughs and how they create synergies between the company's mining software and OridinalHub.

"ordinal opens the door to exciting new monetized placement strategies for bitcoin mining."

According to Cointelegraph, Bitcoin miners are gradually getting about $600000 from the serial number of NFT transactions. In addition, according to Bitcoin's NFT runes, it now accounts for more than 50% of the Bitcoin blockchain area.

QuaralHub tweeted about the acquisition on Feb. 22, and users' reaction to the development plan was largely proactive.

However, some users remain skeptical about the acquisition and the overall buzz about Ordina, saying that "the hot spot is probably over."

The standardized NFT went through the hot spot cycle and dropped to the bottom by the end of 2022. But she is slowly starting over after a 37 per cent increase in trading volume between December 2022 and January 2023, according to a recent report from Dapp radar detection.