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                        Prosper Secures Investment from BIT Mining to Develop Hashrate Tokens
                    Ultramining 6 days ago

Prosper Secures Investment from BIT Mining to Develop Hashrate Tokens 💰

Prosper has successfully obtained investment from BIT Mining, signaling an innovative direction for the development of hashrate-backed tokens. The amount invested remains undisclosed, but sources suggest it could be approximately $50 million.

With these funds, Prosper plans to expand its platform and introduce new features. According to Prosper's CEO, support from BIT Mining will hasten development and attract more users to their services.

These hashrate-backed tokens allow investors to gain access to mining revenues without the need to own physical equipment. BIT Mining has expressed confidence that this partnership will be mutually beneficial for both companies and the wider industry.

Source: ultramining.com ↗