Kaan Farahani

Research Associate at Luxor Technology

Firmware Fundamentals – What is ASIC Firmware?

Every Bitcoin mining machine is two products under the hood: the hardware that hashes, and the software that decides how.

Kaan Farahani
Kaan Farahani
Luxor Firmware

Hashrate Index Roundup (August 3, 2026)

Your weekly mining metrics.

Kaan Farahani
Kaan Farahani
Weekly Roundup Newsletter

Firmware Features – Bitcoin Mining Heat Recycling: Turning Watts Into BTUs

A Bitcoin miner is a resistive heater that happens to get paid. Heat recycling is the act of tapping into that treasure.

Kaan Farahani
Kaan Farahani
Luxor Firmware

Firmware Features – When to Mine, When to Curtail: Power Breakevens

Every miner has a breakeven number: the power price above which hashing loses money. Most operators feel it intuitively. The ones who compute it get to act on it automatically.

Kaan Farahani
Kaan Farahani
Luxor Firmware

Firmware Features – ASIC Firmware Security: Why SOC 2 Matters for Miners

Firmware is the most privileged software in a mining operation.

Kaan Farahani
Kaan Farahani
Luxor Firmware

Firmware Features – PSU Bypass: Hash With Any Power Supply on LuxOS

PSU Bypass is an override for aftermarket, server, and repaired PSUs.

Kaan Farahani
Kaan Farahani
Luxor Firmware

Firmware Features – Hash on Disconnect: Mining Through Network Outages

For a miner balancing load against a generator, losing network connection can mean more than revenue.

Kaan Farahani
Kaan Farahani
Luxor Firmware

Bitcoin Difficulty Is Down Year Over Year for the Second Time Ever

For only the second time in Bitcoin’s history, network difficulty, and with it, hashrate, is down year-over-year. This almost never happens. Two structural forces keep difficulty grinding higher over any twelve-month window. The first is Moore’s Law: each new generation of mining rigs is more

Ben Harper Kaan Farahani
Ben Harper / Kaan Farahani
Hashrate Markets