Major Highlights of Prosper and Bitmain’s Agreement on Hosting Services
Prosper recently revealed on the 15th of November that it has partnered with Bitmain, which is a long-term agreement.
The agreement consists of Bitmain’s( a leading global pioneer of the robust ASIC mining equipment manufacturing landscape) commitment, along with its associates, to provide a hosting service for Bitcoin mining hardware owned by Prosper foundation that aims to unlock Bitcoin’s potential through liquidity farming.
This initiative is expected to guarantee reliable and high-quality standards of operation for the Prosper(PROS) token holders.
The initial batch of hash rate is expected to go live in November anytime soon now through Antpool, which is Bitmain’s official platform for mining pools. The best thing about it is that it will be easily available and accessible via Prosper’s V1 web app.
This quarter, Prosper announced its spin into a new strategic direction that focuses on Bitcoin mining and unlocking Bitcoin’s potential for liquidity farming. This agreement reflects Prosper’s significant milestone in its attempt to deliver institutional-grade quality execution for BITMAIN’s miners and $PROS token holders.
This entire move highlights Prosper’s unique commitment as the one and only Web3 Bitcoin mining project, which partnered with the industry’s key leaders as the top-notch service providers.
About BITMAIN
Bitmain Technologies is the name that is enough to gain traction in the mining industry. They have been the global leaders and significant players in the ASIC mining industry due to the robust miners and services that they sell.
Apart from this, they also run a renowned mining pool, ANTPOOL, which is known to be the second largest mining pool, pivotally influencing the Bitcoin mining network. Ever since its establishment in 2013, it has opened and run its branches in more than 100 countries with its robust R&D centers.
About PROSPER
Prosper is the sole decentralized platform that provides full exposure across Bitcoin hash rate and BTC, bridging institutional-gap Bitcoin mining capabilities on-chain to leverage the value of Bitcoin fully through liquidity farming.
It is hashrate-backed, community-driven, built to last longer, made easily accessible, and is on the move to build a long-term robust Bitcoin ecosystem, which is one of its smartest and most substantial moves.
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