Author: BTCM
Compiled by: TechFlow
Prosper is a decentralized protocol designed to connect institutional-grade Bitcoin mining power on-chain and unlock Bitcoin’s potential through liquidity mining. Today, leading cryptocurrency mining company BIT Mining Limited (NYSE: BTCM) announced a new investment in Prosper’s native token PROS.
Prosper has recently shifted its strategic focus to Bitcoin mining and its ecosystem, a shift that has been positively received by the community. As part of the strategic shift, Prosper is working with well-known companies in the industry to obtain the various services and products needed to manage mining power and ensure that institutional-level execution standards are met.
This investment by BIT Mining further validates Prosper’s strategic direction with institutional investors. In addition to a growing list of top industry partners and sophisticated financial investors such as the recently announced investment by Waterdrip Capital, Prosper’s value proposition has attracted cryptocurrency companies with extensive experience in the mining space who have a deep understanding of the entire ecosystem. This investment is in line with Prosper’s strategic direction and supports its new vision.
About BIT Mining Limited
BIT Mining (NYSE: BTCM) is a leading technology-driven cryptocurrency mining company with businesses covering cryptocurrency mining, data center operations, and mining machine manufacturing. The company strategically creates long-term value in the industry through its cryptocurrency ecosystem. The company relies on efficient data centers to improve profitability through stable cash flow, while conducting self-operated mining operations and using self-developed and purchased mining machines to flexibly respond to cryptocurrency price fluctuations, thereby enhancing market adaptability. In addition, the company has a 7-nanometer Bitcoin chip and has strong capabilities to develop Litecoin (LTC), Dogecoin (DOGE) and Ethereum Classic (ETC) mining machines.
About Prosper
Prosper is a decentralized protocol that provides comprehensive Bitcoin computing power and exposure to Bitcoin for the community that truly believes in Bitcoin. By bringing institutional-grade Bitcoin mining capabilities to the blockchain, Prosper is committed to unlocking the full potential of Bitcoin. For more information, users can visit prosper-fi.com or follow on X (formerly Twitter).
