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Data Center News > Blog > Investments > Prosper enters into long-term agreement with BITMAIN to provide Bitcoin miner hosting services
Investments

Prosper enters into long-term agreement with BITMAIN to provide Bitcoin miner hosting services

Last updated: November 17, 2024 2:15 pm
Published November 17, 2024
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Prosper enters into long-term agreement with BITMAIN to provide Bitcoin miner hosting services
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George City, Cayman Islands, November fifteenth, 2024, Chainwire

Prosper, a decentralized protocol bridging institutional-grade Bitcoin mining energy on-chain and aiming to unlock the potential of Bitcoin by way of liquidity farming, right this moment introduced that it has entered right into a long-term internet hosting service settlement with BITMAIN, the world’s main producer of digital foreign money mining servers by way of its model Antminer.

Below the settlement, BITMAIN and its associates will present internet hosting providers for Prosper’s foundation-owned Bitcoin miners, bringing high-quality operational requirements for $PROS token holders. The primary batch of hashrate beneath this settlement is predicted to return on-line all through November through Antpool’s mining pool platform and accessible through Prosper’s v1 web app.

Earlier this quarter, Prosper introduced a pivot in its strategic route to give attention to Bitcoin mining and unlock Bitcoin’s potential in liquidity farming. Prosper has entered into an settlement with BITMAIN to reinforce execution high quality for its miners and $PROS token holders. This additionally highlights Prosper’s worth proposition as the one Web3 Bitcoin mining undertaking that has secured a number of top-notch business gamers as key service suppliers.

About BITMAIN

Since its basis in 2013, BITMAIN is the world’s main producer of digital foreign money mining servers by way of its model ANTMINER, which has lengthy maintained a world market share and main place in expertise, serving prospects throughout over 100 nations and areas. The corporate’s R&D heart is located in Singapore, and it has a number of branches and subsidiaries throughout the globe, together with however not restricted to Hong Kong, the US, Malaysia, and the United Arab Emirates.

See also  US Hosting Firm Summit Acquires Deft, Bolsters Managed Hosting Offering

About Prosper

Prosper is a decentralized protocol for a group that actually believes in Bitcoin, offering full publicity throughout Bitcoin’s worth layers by way of bridging institutional-grade Bitcoin mining energy on-chain, and unlocking the potential of Bitcoin by way of liquidity farming. For extra data, customers can go to prosper-fi.com or observe us on X (formerly Twitter).

Contact

Prosper
[email protected]

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TAGGED: agreement, Bitcoin, BITMAIN, enters, Hosting, LongTerm, Miner, Prosper, provide, services
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