George City, Cayman Islands, November fifteenth, 2024, Chainwire
Prosper, a decentralized protocol bridging institutional-grade Bitcoin mining energy on-chain and aiming to unlock the potential of Bitcoin by liquidity farming, immediately introduced that it has entered right into a long-term internet hosting service settlement with BITMAIN, the world’s main producer of digital forex mining servers by its model Antminer.
Underneath the settlement, BITMAIN and its associates will present internet hosting providers for Prosper’s foundation-owned Bitcoin miners, bringing high-quality operational requirements for $PROS token holders. The primary batch of hashrate below this settlement is anticipated to come back on-line all through November by way of Antpool’s mining pool platform and accessible by way of Prosper’s v1 net app.
Earlier this quarter, Prosper introduced a pivot in its strategic route to give attention to Bitcoin mining and unlock Bitcoin’s potential in liquidity farming. Prosper has entered into an settlement with BITMAIN to reinforce execution high quality for its miners and $PROS token holders. This additionally highlights Prosper’s worth proposition as the one Web3 Bitcoin mining undertaking that has secured a number of top-notch trade gamers as key service suppliers.
About BITMAIN
Since its basis in 2013, BITMAIN is the world’s main producer of digital forex mining servers by its model ANTMINER, which has lengthy maintained a worldwide market share and main place in expertise, serving clients throughout over 100 nations and areas. The corporate’s R&D middle is located in Singapore, and it has a number of branches and subsidiaries throughout the globe, together with however not restricted to Hong Kong, the USA, Malaysia, and the United Arab Emirates.
About Prosper
Prosper is a decentralized protocol for a group that really believes in Bitcoin, offering full publicity throughout Bitcoin’s worth layers by bridging institutional-grade Bitcoin mining energy on-chain, and unlocking the potential of Bitcoin by liquidity farming. For extra data, customers can go to prosper-fi.com or observe us on X (previously Twitter).
Contact
Prosper
[email protected]