Luxxfolio Expands Litecoin Mining Fleet to 288 Machines

Canadian company Luxxfolio said it has brought 228 Bitmain Scrypt miners into operation, expanding its Litecoin mining business to 288 machines. According to Foresight News, management expects the expanded fleet to generate about C$120,000 in gross monthly mining revenue.The estimate includes Litecoin and merged-mining digital assets and does not account for hosting, electricity, or other operating costs. It is not a forecast of net income or cash flow.