Prosper, a decentralized protocol based in George Town, Cayman Islands, has announced a significant partnership with BITMAIN, the top producer of digital currency mining servers. This long-term hosting service agreement aims to enhance Prosper's capacity by integrating institutional-grade Bitcoin mining power on-chain, enabling the potential of Bitcoin to be fully realized through liquidity farming.
This strategic move is expected to solidify Prosper's position in the Bitcoin mining sector while ensuring efficient service delivery for BITMAIN's clientele. The partnership underscores the rising demand for innovative solutions within the cryptocurrency mining industry.
By bridging institutional-grade Bitcoin mining power on-chain, Prosper aligns itself with the future direction of decentralized finance, potentially positioning itself as a key player in the expanding crypto landscape.
Source: en.cryptonomist.ch ↗