SUMMARY
A recent agreement between leading institutes in the crypto-mining industry has turned many heads. Prosper, a decentralized protocol that aims to fully unlock Bitcoin’s potential, partners with the legendary crypto mining hardware manufacturer BITMAIN. Let’s explore what the agreement is all about and what crypto users can expect from these two legends in the crypto industry.
Prosper Joins Hands with BITMAIN
A well-known decentralized protocol Prosper which applies institutional-grade Bitcoin mining power on-chain to unlock the full potential of Bitcoin through liquidity farming, recently announced its long-term agreement with leading crypto mining hardware manufacturer, BITMAIN. Prosper says that the firm joins hands with BITMAIN and the latter will provide hosting services for Prosper’s foundation-owned Bitcoin miners.
The agreement between BITMAIN and Prosper aims to offer high-quality operational standards for PROS cryptocurrency owners. As per the agreement, users can expect the first batch of hash rates to come online at any time in November. Users can visit Antpool’s mining pool platform or Prosper’s v1web app to know the hash rates.
What to Expect from this Partnership?
Prosper has already announced earlier this quarter that its primary focus will be on Bitcoin mining and unlocking Bitcoin’s potential in liquidity farming. Prosper signed an agreement with BITMAIN, a leading crypto mining hardware manufacturer, to elevate execution quality for its miners and PROS token holders. That says all about Prosper’s commitment to serving its customers as it is the only Web3 Bitcoin mining project that has secured numerous leading industry experts as primary service providers.
About BITMAIN
BITMAIN has been the pioneer in the crypto-mining industry since its inception in 2013. It became popular through its quality product Antminer and eventually became the leading manufacturer of crypto mining hardware. With an R&D center in Singapore and multiple branches worldwide, BITMAIN serves customers in over 100 countries, including but not limited to Hong Kong, the United States, Malaysia, Kazakhstan, the United Arab Emirates, Lithuania, and Paraguay.
About Prosper
Prosper is the decentralized protocol that offers full exposure to Bitcoin hash rate and Bitcoin. It does so by bridging institutional-grade Bitcoin mining power on-chain. Thus, Prosper aims to fully unlock the potential of Bitcoin through liquidity farming. Additionally, Prosper aims to be decentralized, transparent and community-driven. All Prosper token holders can contribute to the future of the ecosystem by voting, sharing ideas, and actively engaging in discussions with other holders.
CONCLUSION
The long-term agreement between two notable authorities, BITMAIN and Prosper, in the crypto-mining industry is worthwhile for Bitcoin miners worldwide. Miners will get full exposure to Bitcoin hash rate and Bitcoin, thereby utilizing the full potential of Bitcoin through liquidity farming.
Check out the latest Bitcoin Miners
FAQs on Prosper & Bitmain Partnership
-
When was the agreement announced by BITMAIN and Prosper?
Prosper announced its long-term agreement with BITMAIN last Friday, November 15th, 2024.
-
Why should Bitcoin miners choose Prosper?
Prosper claims that it is the only decentralized protocol that offers full exposure across Bitcoin hash rate and Bitcoin.
Join our Newsletter
Get the week’s best cryptomining content in your inbox.
Han su
Han Su is a Technical Analyst at CryptoMinerBros, a leading provider of cryptocurrency mining hardware. He has over 5 years of experience in the cryptocurrency industry, and is an expert in mining hardware, software, and profitability analysis.
Han is responsible for the technical analysis and research on ASIC Mining at Crypto Miner Bros. He also writes In-depth blogs on ASIC mining and cryptocurrency mining, and he has a deep understanding of the technology. His blogs are informative and engaging, and they have helped thousands of people learn about cryptocurrency mining.
He is always looking for new ways to educate people about cryptocurrency, and he is excited to see how the technology continues to develop in the years to come.
is spare time, Han enjoys hiking, camping, and spending time with his family. He is also an avid reader, and he loves to learn about new things.
Similar Blogs
What is a Cold Wallet?
Explore what a cold wallet is, how it works, and how it secures cryptocurrencies. Further, learn its...
Bitcoin Blockchain: A Simple Explanation
Read on to know what exactly Bitcoin blockchain is, how it works, and its possibilities and limitati...
Crypto Market Cycles Explained
Here is a detailed guide on crypto market cycles and their phases. Read on to learn the practical ti...
© 2018- Miner Bros Limited. All rights reserved
EN