Prosper, a decentralized protocol that connects institutional-grade Bitcoin mining power on-chain is set to unleash Bitcoin’s full potential through liquidity farming. Today, it revealed a new investment in its native project token, PROS, from BIT Mining Limited (NYSE: BTCM), a prominent player in the cryptocurrency mining sector.
Prosper’s fresh strategic pivot towards Bitcoin mining and the expansive Bitcoin ecosystem has garnered positive feedback from the community. In a bold move to enhance its operational framework, Prosper is aligning with key industry leaders to secure a range of services and products, ensuring top-tier execution in managing its mining hashrate.
This investment from BIT Mining serves as a noteworthy endorsement of Prosper’s thesis by institutional supporters.
Alongside Prosper’s expanding lineup of elite industry collaborators and savvy financial backers (notably highlighted by a recent investment from Waterdrip Capital), the platform’s value proposition particularly appeals to cryptocurrency mining firms with deep expertise in mining operations and a robust grasp of the ecosystem. This investment perfectly aligns with Prosper’s strategic roadmap and bolsters its innovative vision.
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