Luxor vs Riot Platforms

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

Luxor4.2/5

Feature	Luxor Visit	Riot Platforms Visit
Ratings
Our score	4.2/5	3.7/5
User rating	No reviews yet	No reviews yet
Track record	4.5	3.5
Costs & fees	3.5	3.0
Transparency	4.5	4.5
Scale & reliability	4.5	5.0
Support	4.0	3.0
Specs
Type	Mining pool, Firmware & software	Public miner
Coins	Not disclosed	BTC
Pool fee	2.5% (custom down to 0.7%, 0% with LuxOS)	Not disclosed
Payout schemes	FPPS, Fixed, Upfront	Not disclosed
Hashrate	>40 EH/s	44.4 EH/s
Stock ticker	Not disclosed	RIOT
Locations	United States	Corsicana, Texas, Rockdale, Texas, Paducah, Kentucky
Hardware models	Antminer S19, Antminer S19 Pro, Antminer Z15 Pro, Whatsminer M50S, Whatsminer M60	Not disclosed
Company
Founded	2017	—
Headquarters	United States	United States
Investors	CMT Digital, Black Creek Digital, Hivemind Capital	Morgan Stanley
Strengths and weaknesses
Pros	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	Operates 44.4 EH/s of self-mining capacity on a 2.0 GW approved power pipeline Controls custom power distribution and switchgear production through in-house engineering subsidiaries Held 11,380 Bitcoin on its balance sheet as of June 30, 2026 Diversified revenue with 241 MW of long-term commercial HPC and AI data center contracts
Cons	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	Offers no third-party retail hosting, cloud mining, or open pool services Reported a net loss of $237.2 million for the second quarter of 2026 Heavy operational concentration in the Texas ERCOT power grid Revenues are exposed to Bitcoin halving cuts and rising network difficulty
Best for	Commercial ASIC mining operations, Miners seeking hashprice hedging tools, Data centers managing ERCOT power costs	Institutional equity investors seeking Bitcoin exposure, Enterprise AI firms leasing high-density data centers, Investors tracking industrial crypto infrastructure

Highlighted cells show the stronger value in each row. Data comes from each provider's site and public sources; check details before you sign up.