Prosper Acquires 7,000 ASIC Miners from BITMAIN, Secures Strategic Funding for Decentralized Finance Expansion

Prosper Acquires 7,000 ASIC Miners from BITMAIN and Secures Strategic Funding to Democratize Bitcoin Mining

In a groundbreaking move, Prosper, a decentralized protocol that tokenizes institutional-grade Bitcoin hashrate as omnichain real-world assets (RWA), has acquired over 7,000 ASIC miners from BITMAIN, the world’s leading manufacturer of digital currency mining servers. This significant acquisition is part of Prosper’s mission to democratize access to Bitcoin mining and bridge the gap between individual investors and institutional-grade mining power.

The addition of these state-of-the-art machines will allow Prosper to further scale its underlying Bitcoin hashrate capacity, accelerating the flywheel effect of DAO-owned hashrate and Bitcoin treasury operations. This development is a testament to Prosper’s commitment to providing full exposure across Bitcoin hashrate and Bitcoin, empowering holders with a direct stake in the world’s most popular cryptocurrency.

In parallel with this announcement, Prosper has also secured strategic funding from prominent industry players and financial investors, including Metalpha, Waterdrip Capital, BIT Mining, Satoshi Protocol, and Animoca Brands. This significant investment demonstrates the strong confidence these partners have in Prosper’s innovative approach to Bitcoin liquidity farming and its potential to shape the future of decentralized finance.

Prosper’s unique tokenomics design ensures that hashrate-per-token will only increase and be accretive to $PROS holders, providing a robust incentive structure for participants to actively contribute to the protocol’s growth. The company’s decentralized autonomous organization (DAO) is designed to harness the collective power of its community members, directing treasury Bitcoin towards TVL opportunities with ecosystem partners.

The strategic funding secured by Prosper will be used to further expand its underlying hashrate capacity and enhance protocol resilience, solidifying its position as a leader in the decentralized finance sector. As the flagship decentralized Bitcoin mining protocol, Prosper is poised to revolutionize the industry and provide unparalleled exposure for individual investors seeking to participate in the growth of Bitcoin.

“We are thrilled to announce this major milestone in our journey towards democratizing access to institutional-grade Bitcoin mining,” said [Name], CEO of Prosper. “Our unique approach to tokenization, combined with the strategic support from these esteemed partners, positions us uniquely to capitalize on the growing demand for decentralized finance solutions.”

Prosper’s vision is to unlock the full potential of Bitcoin, providing a platform where individuals can join forces and collectively harness institutional-grade mining power. This ambitious goal aligns perfectly with BITMAIN’s own mission to empower the global community by fostering innovation in blockchain-based technologies.

By bridging the gap between individual investors and institutional-grade mining power, Prosper is set to transform the landscape of decentralized finance, paving the way for a new era of collaborative and collective growth.

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Source: cryptopotato.com