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BIT Mining (NYSE: BTCM) Invests in Prosper’s Native Token to Assist New Concentrate on Bitcoin Mining – CoinJournal

Cayman Islands, Cayman Islands, November 14, 2024, Chainwire

ProsperA decentralized protocol that bridges institutional-grade Bitcoin mining energy on the chain and goals to unlock Bitcoin’s potential by means of liquidity farming has in the present day introduced the launch of its native mission token PROS by one of many main cryptocurrency mining corporations. New investments have been introduced. BIT Mining Limited (NYSE: BTCM).

Prosper’s new strategic concentrate on Bitcoin mining and the broader Bitcoin ecosystem has been properly acquired by the group. As a part of this strategic transformation, Prosper has partnered with main trade gamers to amass varied providers and merchandise to supply institutional-grade execution within the administration of its mining hashrate.

This funding by BIT Mining represents one other essential validation of Prosper’s thesis by institutional supporters. Along with Prosper’s rising listing of top-tier trade companions and complex monetary buyers (together with not too long ago introduced investments). waterdrip capital), Prosper’s worth proposition additionally resonates with cryptocurrency mining corporations that deliver intensive expertise to mining operations and a robust understanding of the ecosystem. This funding is consistent with Prosper’s strategic course and helps its new imaginative and prescient.

About BIT Mining Restricted

BIT mining (NYSE: BTCM) is a number one technology-driven cryptocurrency mining firm engaged in cryptocurrency mining, knowledge middle operations and mining machine manufacturing. The corporate is strategically creating long-term worth throughout the whole trade with its cryptocurrency ecosystem. Supported by its cost-efficient knowledge facilities that underpin its profitability with secure money stream, the corporate additionally operates a self-mining operation that makes use of self-developed and bought mining machines to seamlessly adapt to dynamic cryptocurrency pricing. Will increase the flexibleness of your market by taking benefit. The corporate additionally has 7-nanometer BTC chips and has robust capabilities within the improvement of LTC/DOGE miners and ETC miners.

about prosperity

Prosper is a decentralized protocol for a group that really believes in Bitcoin, offering institutional-grade Bitcoin mining energy by means of on-chain entry to the Bitcoin hashrate and full publicity to Bitcoin, and goals to satisfy Bitcoin’s potential. Need to unlock it in some way. For extra data customers can go to prosper-fi.com or observe X (formerly Twitter),

Contact

Prosper
(email protected)

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