Prosper Partners with BITMAIN for Enhanced Bitcoin Mining
Prosper's Strategic Partnership with BITMAIN
Prosper, a decentralized protocol focusing on Bitcoin's potential, has announced a significant collaboration with BITMAIN, renowned for manufacturing digital currency mining servers under the Antminer brand. This partnership involves a long-term hosting service agreement aimed at enhancing Bitcoin mining capabilities and benefits for $PROS token holders.
Enhancing Bitcoin Mining Operations
Under this agreement, BITMAIN will deliver hosting services for Prosper’s foundation-owned Bitcoin miners. This initiative promises to elevate operational standards for $PROS token holders by bringing the first batch of hashrate online throughout November. The mining operations will be facilitated through Antpool’s platform and can be accessed via Prosper’s v1 web app.
Focus on Liquidity Farming
Earlier, Prosper shifted its strategic focus towards Bitcoin mining and liquidity farming. This pivot aims to unlock Bitcoin's potential, positioning Prosper as a pioneering Web3 Bitcoin mining project. The partnership with BITMAIN underscores Prosper’s commitment to enhancing execution quality and securing top-tier industry partners.
BITMAIN's Global Influence
BITMAIN, established in 2013, is a leader in the digital currency mining server sector. With a dominant global market share and technological prowess, BITMAIN serves clients across over 100 countries. Its research and development center in Singapore and branches worldwide, including locations like Hong Kong and the United States, bolster its extensive reach.
Prosper's Vision
Prosper offers a decentralized platform that bridges institutional-grade Bitcoin mining power on-chain, emphasizing Bitcoin's value layers. The protocol aims to fully leverage Bitcoin's potential through innovative liquidity farming strategies. For more insights, users can explore Prosper’s offerings on their website or follow their updates on social media platforms.
This strategic collaboration with BITMAIN marks a significant advancement in Prosper's mission to revolutionize the Bitcoin mining landscape.
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