Prosper, a decentralized protocol, has entered a new long-term agreement with BITMAIN, a leading manufacturer of digital currency mining servers, to enhance Bitcoin mining capabilities through liquidity farming.
Prosper and BITMAIN Agreement
Under the agreement, BITMAIN and its affiliates will provide hosting services for Prosper's foundation-owned Bitcoin miners, ensuring high operational standards for $PROS token holders. The first batch of hashrate is expected to come online in November through Antpool's mining platform, accessible via Prosper's web app.
Benefits for $PROS Token Holders
Earlier this quarter, Prosper announced a strategic pivot to focus on Bitcoin mining and liquidity farming. The agreement with BITMAIN enhances execution quality for their miners and $PROS token holders. This partnership underscores Prosper's unique value proposition as the only Web3 Bitcoin mining project with top-tier industry partnerships.
About Prosper and BITMAIN
Founded in 2013, BITMAIN is the world's leading manufacturer of digital currency mining servers, operating under the ANTMINER brand. BITMAIN holds a global market leadership in technology, serving clients across over 100 countries. Prosper is a decentralized protocol providing comprehensive exposure to Bitcoin's value by integrating mining power and liquidity farming.
Prosper's new partnership with BITMAIN marks a significant step in bolstering its position in the Bitcoin mining market, offering additional opportunities for their community and token holders.
