George Town, Cayman Islands, November 15th, 2024,
Chainwire
Prosper, a decentralized protocol bridging
institutional-grade Bitcoin mining power on-chain and aiming to
unlock the potential of Bitcoin through liquidity farming, today
announced that it has entered into a long-term hosting service
agreement with BITMAIN, the world's leading manufacturer of digital
currency mining servers through its brand Antminer.
Under the agreement, BITMAIN and its affiliates will provide
hosting services for Prosper’s foundation-owned Bitcoin miners,
bringing high-quality operational standards for $PROS token
holders. The first batch of hashrate under this agreement is
expected to come online throughout November via Antpool’s mining
pool platform and accessible via Prosper’s v1 web app.
Earlier this quarter, Prosper announced a pivot in its strategic
direction to focus on Bitcoin mining and unlock Bitcoin’s potential
in liquidity farming. Prosper has entered into an agreement with
BITMAIN to enhance execution quality for its miners and $PROS token
holders. This also highlights Prosper’s value proposition as the
only Web3 Bitcoin mining project that has secured multiple
top-notch industry players as key service providers.
About BITMAIN
Since its foundation in 2013, BITMAIN is the world's leading
manufacturer of digital currency mining servers through its brand
ANTMINER, which has long maintained a global market share and
leading position in technology, serving customers across over 100
countries and regions. The company's R&D center is situated in
Singapore, and it has multiple branches and subsidiaries across the
globe, including but not limited to Hong Kong, the United States,
Malaysia, and the United Arab Emirates.
About Prosper
Prosper is a decentralized protocol for a
community that truly believes in Bitcoin, providing full exposure
across Bitcoin's value layers through bridging institutional-grade
Bitcoin mining power on-chain, and unlocking the potential of
Bitcoin through liquidity farming. For more information, users can
visit prosper-fi.com or follow us on X (formerly Twitter).
Contact
Prosper
contact@prosper-fi.com