tl;dr
Prosper, a decentralized protocol, has acquired over 7,000 ASIC miners from BITMAIN and closed a strategic funding round. Backed by industry leaders, the acquisition aims to democratize access to institutional-grade Bitcoin mining. Prosper's latest developments include substantial hashrate procureme...
Prosper, a decentralized protocol, has acquired over 7,000 ASIC miners from BITMAIN and closed a strategic funding round. Backed by industry leaders, the acquisition aims to democratize access to institutional-grade Bitcoin mining. Prosper's latest developments include substantial hashrate procurement, BTC rewards for token holders, and strategic partnerships. The protocol's unique tokenomics and DAO model position it to enhance Bitcoin mining and treasury operations. With a focus on institutional-grade hashrate and strategic partnerships, Prosper aims to solidify its status as a flagship decentralized Bitcoin mining protocol.
Following the announcement of Prosper’s long-term partnership and hosting service agreement with BITMAIN, the world’s leading manufacturer of digital currency mining servers, this landmark purchase marks an instrumental step in Prosper’s mission to provide institutional-grade reliability to its mining ecosystem. By leveraging BITMAIN’s cutting-edge products, Prosper enhances the value delivered to its PROS token holders, further distinguishing itself as the premier Web3 Bitcoin mining protocol backed by leading industry players.
In addition to its BITMAIN partnership, Prosper announced the closure of its strategic funding round, which saw participation from prominent industry players and financial investors, including Metalpha, Waterdrip Capital, BIT Mining, and Satoshi Protocol. These investments demonstrate the strong confidence in Prosper’s vision of bridging institutional-grade Bitcoin mining power on-chain and its innovative approach to Bitcoin liquidity farming. The involvement of these strategic partners brings crucial industry expertise and networks to support Prosper’s operations as it scales.
By combining institutional-grade Bitcoin mining hashrate, a decentralized protocol design backed by strong fundamentals, and an extensive network of strategic partners, Prosper is well-positioned to solidify its status as the flagship decentralized Bitcoin mining protocol.
Prosper is a decentralized protocol for a community that truly believes in Bitcoin, providing full exposure across Bitcoin hashrate and Bitcoin through tokenizing institutional-grade Bitcoin hashrate as omnichain RWA, and aims to fully unlock the potential of Bitcoin.