Nick Hansen Believes Compute Power Will Be Bigger Than You Think

Nick Hansen’s first taste of code came in a prerequisite course at the Colorado School of Mines. He had planned to pursue chemical engineering until a class taught in C++ shifted the entire trajectory of his career. “Up to that point, I hadn’t had any exposure to computer programming,” Hansen recalled in an interview. “It was enough for me to realize the power that programming could provide…I had found my calling.”

That power—and the curiosity it sparked—would eventually shape the foundation of Luxor Technology, the company he co-founded in 2017. What began as a side project exploring proof-of-work systems is now a globally scaled infrastructure firm, helping to turn Bitcoin hashrate into a tradable, transparent digital commodity. “Luxor is the result of that curiosity,” he said. “By trade, I’m a software engineer which led me to take a deeper look at the software systems underlying this emerging global infrastructure.”

Hansen mined his first Bitcoin in 2012 and hasn’t looked back. From day one, Luxor aimed to treat compute power as a commodity—an idea that has since become core to how many institutions now approach digital assets. Today, the company provides software and services that optimize mining operations across a global customer base, supporting more than 3,000 customers and processing over $1 billion in annual volume.

Bitcoin may still be the dominant protocol, but Hansen has his eyes on broader adoption. He points to the rise of tokenized equity, decentralized finance, and applications in real estate, online identity, and voting. Among traditional sectors, finance remains a natural fit. “Every bank on earth is currently considering its blockchain strategy,” he said. “Bitcoin is such an elegant application of blockchain.”

For Luxor, the future lies in scaling blockchain infrastructure with both speed and discipline. Hansen describes the company’s approach as “elegant solutions, brought to life with quality and efficiency driven by big-picture vision with meticulous execution.” It’s a blueprint for building compute power into a global asset class—and positioning Luxor as its backbone.