Auto-settlement

Luxor Energy automatically settles your electricity costs against your Luxor Mining Pool earnings each day, so you don't need to manage separate fiat payments for power. This page explains how that daily settlement process works.

Each day's settlement appears in your Transaction History as an Energy Payable entry against the mining subaccount the charges were deducted from. The row shows the date, the BTC amount debited, and the USD equivalent at the time of settlement. Use the filter to narrow the list to specific categories or subaccounts, and Download CSV to export the full ledger for accounting.

How Settlement Works

Luxor Energy settles your electricity costs daily by deducting them from your mining earnings. Here's the process:

1. Daily energy charges are calculated — Based on your interval consumption data and applicable rates (market prices, contract terms, delivery charges, taxes).
2. Credits are applied — Any demand response earnings, optimization revenue, or contract adjustments are credited against your charges.
3. Net charges are converted to BTC — The net USD amount owed is converted to BTC using that day's BTC/USD market rate.
4. BTC is deducted from your mining balance — The converted amount is deducted from your Luxor Mining Pool subaccount balance.
5. Closing balance is recorded — Your remaining BTC balance after settlement is recorded as the closing balance for the day and becomes the next day's opening balance.

If your mining earnings for a given day are insufficient to cover the full energy charge, the unpaid amount carries forward as an outstanding balance.

This settlement model means your energy costs are effectively paid from your revenue in BTC, simplifying cash flow management — you don't need to make separate fiat payments for electricity.