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Luxxfolio Litecoin Mining Operations: How Is the Company Building LTC Through Scrypt Mining?

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Luxxfolio launches Litecoin mining with 20 Scrypt ASICs, expanding LTC treasury through hydro-powered operations and merged mining capability.

UC Hope

February 13, 2026

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Luxxfolio Holdings Inc. is a Vancouver-based digital infrastructure company focused on Litecoin (LTC) as its primary reserve asset. The company states it is the first publicly traded entity to adopt Litecoin as its main treasury asset while operating an active mining infrastructure.

This report examines Luxxfolio’s Litecoin mining operations, hardware deployment, treasury integration, and operational risks as of February 13, 2026.

When Did Luxxfolio Launch Its Litecoin Mining Operations?

Luxxfolio began active Litecoin mining on February 11, 2026. The launch marked the shift from planning to live Scrypt-based hashing operations.

Mining activity is aligned with the company’s treasury strategy. Rather than relying solely on market purchases, Luxxfolio now generates LTC directly through network participation.

The company uses the Scrypt hashing algorithm, which allows merged mining with Dogecoin (DOGE). Merged mining enables miners to earn rewards from both the Litecoin and Dogecoin networks without additional energy expenditure. Despite the dual revenue structure, Luxxfolio prioritizes LTC as the primary payout asset.

What Hardware and Infrastructure Power Luxxfolio’s Mining?

Luxxfolio’s initial deployment includes:

The Bitmain Antminer L9 16G is optimized for Scrypt mining. Compared to Bitcoin’s SHA-256 ecosystem, Scrypt mining has different competitive dynamics and hardware specialization requirements.

Hosting at DMG’s Christina Lake Facility

Luxxfolio’s equipment is hosted at the Christina Lake data center operated by DMG Blockchain Solutions Inc. in British Columbia, Canada.

Key infrastructure features include:

  • Hydroelectric-powered energy
  • Institutional-grade power management
  • Operational and facility support

The hosting agreement provides access to clean energy and managed infrastructure. This structure reduces operational overhead and exposure to environmental impacts.

The company has not disclosed specific aggregate hashrate metrics beyond confirming full deployment of the initial 20 units.

How Does Mining Support Luxxfolio’s Litecoin Treasury Strategy?

Luxxfolio integrates mining directly into its treasury model. The company retains mined rewards in LTC rather than converting to fiat or DOGE.

As of February 11, 2026:

  • 2,413.464 LTC were added
  • Total holdings reached 24,439.464 LTC
  • All holdings are unencumbered and debt-free

The company reports a 145.5% increase in LTC per share since March 31, 2025. Each share represents approximately 73,686 litoshis.

This structure links mining output to per-share LTC exposure. Mining serves as a supply-side complement to direct acquisition.

Why Is Luxxfolio Focused on Scrypt and Litecoin?

Scrypt mining enables merged mining with Dogecoin. While DOGE may yield higher short-term daily returns due to market dynamics, Luxxfolio states that LTC remains its primary focus.

Litecoin is often positioned as a payment-focused network with established transaction throughput and a long operational history. Network metrics cited by the company indicate Litecoin processes approximately 40% of Bitcoin’s transaction volume while maintaining a smaller market capitalization.

External industry developments include institutional infrastructure support, such as node operations from large financial firms. Luxxfolio cites these developments as supportive macroeconomic conditions for Litecoin adoption.

On February 13, 2026, the Litecoin Foundation acknowledged Luxxfolio’s participation in the ecosystem.

What Are Luxxfolio’s Expansion Plans?

Luxxfolio plans incremental hashrate expansion based on:

  • Market conditions
  • Equipment procurement timelines
  • Power availability

The company is negotiating for next-generation Scrypt ASIC miners. Executive Chairman Zayn Kalyan has also outlined plans for a company-operated mining pool. A proprietary pool would provide greater operational control and direct community engagement within the Litecoin ecosystem.

No confirmed deployment dates have been announced for expansion phases.

What Risks Affect Luxxfolio’s Litecoin Mining Operations?

Like all digital asset mining operations, Luxxfolio faces measurable risks:

Price Volatility

LTC and DOGE market prices directly impact mining revenue and treasury valuation.

Energy and Hosting Costs

Although hydroelectric hosting reduces emissions exposure, long-term energy pricing affects operational margins.

Hardware Obsolescence

ASIC efficiency improvements can reduce the competitiveness of older units.

Mining Competition

Larger Scrypt mining operators may increase network difficulty, affecting reward rates.

The company’s debt-free balance sheet reduces financial strain. However, scaling remains dependent on market conditions and capital allocation discipline.

How Does Luxxfolio Fit Within the Litecoin Ecosystem?

Luxxfolio’s model combines:

  • Public market exposure
  • Direct Litecoin accumulation
  • Active network participation through mining

Rather than functioning solely as a passive treasury holder, the company operates infrastructure that contributes to network hash power and security.

Ongoing updates are provided through company press releases and social media channels. As mining remains in early operational stages, production consistency and expansion execution will be central performance indicators in 2026.

Conclusion: What Defines Luxxfolio’s Litecoin Mining Strategy?

Luxxfolio’s Litecoin mining operations combine treasury accumulation with direct Scrypt-based network participation. The company operates 20 Antminer L9 units hosted at a hydroelectric-powered Canadian facility, retains mined LTC without leverage, and reports total holdings of 24,439.464 LTC as of February 11, 2026.

Expansion plans include additional Scrypt hardware, potential new Canadian sites, and a proprietary mining pool. Performance will depend on Litecoin price stability, network difficulty, and disciplined scaling.

The company’s model centers on sustained LTC accumulation and operational participation in the Litecoin network.

Sources:

Frequently Asked Questions

When did Luxxfolio start mining Litecoin?

Luxxfolio began active mining on February 11, 2026, using Scrypt ASIC hardware.

How many Litecoin miners are currently deployed?

The company operates 20 Bitmain Antminer L9 16G units hosted in British Columbia.

Does Luxxfolio mine Dogecoin?

The hardware supports merged mining with Dogecoin, but the company prioritizes retaining Litecoin rewards.

Disclaimer

Disclaimer: The views expressed in this article do not necessarily represent the views of BSCN. The information provided in this article is for educational and entertainment purposes only and should not be construed as investment advice, or advice of any kind. BSCN assumes no responsibility for any investment decisions made based on the information provided in this article. If you believe that the article should be amended, please reach out to the BSCN team by emailing [email protected].

Author

UC Hope

UC holds a bachelor’s degree in Physics and has been a crypto researcher since 2020. UC was a professional writer before entering the cryptocurrency industry, but was drawn to blockchain technology by its high potential. UC has written for the likes of Cryptopolitan, as well as BSCN. He has a wide area of expertise, covering centralized and decentralized finance, as well as altcoins.

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