CleanSpark vs Luxor

How CleanSpark vs Luxor compare on our ratings, mining company specs, funding, pros and cons.

VS
Luxor4.2/5
Feature
Ratings
Our score4.2/54.2/5
User ratingNo reviews yetNo reviews yet
Track record4.54.5
Costs & fees4.03.5
Transparency4.54.5
Scale & reliability5.04.5
Support3.04.0
Specs
TypePublic minerMining pool, Firmware & software
CoinsBTCNot disclosed
Pool feeNot disclosed2.5% (custom down to 0.7%, 0% with LuxOS)
Payout schemesNot disclosedFPPS, Fixed, Upfront
Hashrate50 EH/s>40 EH/s
Stock tickerCLSKNot disclosed
LocationsGeorgia, Mississippi, Tennessee, WyomingUnited States
Hardware modelsNot disclosedAntminer S19, Antminer S19 Pro, Antminer Z15 Pro, Whatsminer M50S, Whatsminer M60
Company
Founded20142017
HeadquartersUnited StatesUnited States
InvestorsNot disclosedCMT Digital, Black Creek Digital, Hivemind Capital
Strengths and weaknesses
Pros
  • Operates 50 EH/s of dedicated mining hashrate
  • Fleet operates at an efficient peak of 16.07 J/TH
  • Holds 1.8 GW of power under contract across four states
  • Maintains 13,530 BTC in corporate treasury reserves
  • SOC 1 and SOC 2 compliance verifies security and financial accounting controls
  • Pool fees can be reduced to 0% when paired with LuxOS firmware
  • Upfront payout schemes offer non-dilutive liquidity against future hashrate production
  • Over 40 EH/s in hashrate provides consistent block discovery and payout regularity
Cons
  • Offers no retail hosting services, pool mining, or cloud mining contracts
  • Operations remain concentrated in the United States
  • Revenues remain exposed to Bitcoin network difficulty and halving cycles
  • Carries $2.28B in senior secured debt maturing in 2031
  • Standard unbundled FPPS pool fee of 2.5% is above market discount averages
  • Grid management and retail power services are restricted to ERCOT and SPP regions
  • Derivatives and fixed contracts involve counterparty credit exposure
  • Upfront payout agreements require strict minimum uptime and delivery commitments
Best forPublic equity investors seeking Bitcoin mining exposure, Institutional research on industrial Bitcoin data centers, Enterprise clients seeking HPC data center infrastructureCommercial ASIC mining operations, Miners seeking hashprice hedging tools, Data centers managing ERCOT power costs

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