Luxor Mining Acquires Ordinal Hub Amid Bitcoin Based NFT Hype

Luxor Mining has acquired ordinal hub the primary platform for Bitcoin NFTs. The announcement came on February the 20th with 150,000 inscriptions already made which is a 15,000 percent increase from the beginning of the month. Luxor highlighted the fact that the current state of Bitcoin ordinals being minted and escrowed through various discord servers has made it difficult for current collectors and creators to keep track of all the projects. Some users remain skeptical about the acquisition saying the hype might be over standard NFTs have gone through hype cycles but they are slowly making a comeback according to a recent DAP radar report.