George City, Cayman Islands, November 15, 2024, Chainwire
Prosper, a decentralized protocol that bridges institutional-level mining energy on-chain and goals to unlock the potential of Bitcoin by liquidity farming, introduced in the present day that it has entered right into a long-term internet hosting settlement with BITMAIN, the world's main digital foreign money producer. mining servers by its Antminer model.
Below the settlement, BITMAIN and its associates will present internet hosting companies for bitcoin miners owned by the Prosper Basis, bringing high-quality working requirements to $PROS token holders. The primary batch of hashrate beneath this settlement is anticipated to be on-line throughout November by the Antpool mining pool platform and accessible by the Prosper v1 net software.
Earlier this quarter, Prosper introduced that it could concentrate on Bitcoin mining in its strategic route and unlock Bitcoin's liquidity potential. Prosper has entered into an settlement with BITMAIN to extend the standard of execution for its $PROS miners and token holders. This additionally highlights Prosper's worth proposition as the one Web3 Bitcoin mining undertaking to safe a number of prime business gamers as key service suppliers.
ABOUT BITMAIN
Since its institution in 2013, BITMAIN has been the world's main producer of digital foreign money mining servers by its ANTMINER model, which has lengthy maintained international market share and know-how management, serving prospects in additional than 100 international locations and areas. The corporate's analysis and improvement heart is situated in Singapore and has a number of places of work and subsidiaries all over the world, together with Hong Kong, the USA, Malaysia and the United Arab Emirates, amongst others.
About Prospero
Prosper is a decentralized protocol for the group that actually believes in Bitcoin, offering full publicity throughout Bitcoin's worth layers by bridging Bitcoin's institutional-level on-chain mining energy and unlocking Bitcoin's potential by liquidity farming. For extra info, customers can go to prosper-fi.com or comply with us on X (previously Twitter).
ContactProspercontact@prosper-fi.com
This text was initially revealed on Chainwire
