Prosper has announced a long-term agreement with industry giant BITMAIN for hosting its Bitcoin miners.
Prosper and BITMAIN Partnership
Prosper has entered into a long-term hosting service agreement with BITMAIN, the world’s leading manufacturer of digital currency mining servers. Under this agreement, BITMAIN and its affiliates will host Prosper’s foundation-owned Bitcoin miners, ensuring high operational standards for $PROS token holders. The first batch of hashrate under this agreement is expected to be available from November through Antpool and accessible via Prosper’s v1 web app.
Prosper's New Strategy
Earlier this quarter, Prosper announced a shift in strategic direction, focusing on Bitcoin mining and maximizing Bitcoin’s potential through liquidity farming. The partnership with BITMAIN aims to enhance execution quality for its miners and $PROS token holders, reinforcing Prosper's value as the sole Web3 Bitcoin mining project that has engaged top industry players as key service providers.
About BITMAIN and Prosper
Founded in 2013, BITMAIN is the world’s leading manufacturer of digital currency mining servers through its brand ANTMINER. The company has maintained a global leadership position in technology and market share, serving customers in over 100 countries and regions. BITMAIN’s R&D center is in Singapore, and it has branches and subsidiaries worldwide, including in Hong Kong, the United States, Malaysia, and the UAE.
Prosper is a decentralized protocol for a community that truly believes in Bitcoin, offering full exposure across Bitcoin's value layers through bridging institutional-grade Bitcoin mining power on-chain and unlocking Bitcoin’s potential through liquidity farming.
The agreement with BITMAIN highlights Prosper's commitment to strengthening its position in the Bitcoin mining market and developing the potential of cryptocurrency technologies.
