BIT Mining Invests in Prosper's Native Token to Enhance Bitcoin Mining Focus

BIT Mining (NYSE: BTCM) has made a smart investment in Prosper's native token, PROS, to support its new focus on Bitcoin mining.

Prosper is a decentralized protocol. It aims to connect institutional-level Bitcoin mining power on-chain. Plus, it wants to unlock Bitcoin's potential through liquidity farming. This investment reflects Prosper's shift toward Bitcoin mining and the broader Bitcoin ecosystem. The community has welcomed this change.

To enhance its mining operations, Prosper is teaming up with key industry players. These partnerships will help them secure various services and products that ensure top-notch execution in managing their mining hashrate.

The backing from BIT Mining is a significant endorsement for Prosper. It shows that institutional investors believe in their vision. Prosper is also gaining traction with a growing list of high-profile partners and sophisticated investors, including a recent investment from Waterdrip Capital.

BIT Mining Limited is a leading cryptocurrency mining company. They focus on mining, data center operations, and manufacturing mining machines. Their goal is to create long-term value in the industry.

With cost-effective data centers, BIT Mining boosts its profitability and maintains steady cash flow. They also conduct self-mining operations. This strategy enhances their resilience in the marketplace by using both self-developed and purchased mining machines. It allows them to adapt to changing cryptocurrency prices effectively.

BIT Mining owns seven-nanometer BTC chips and has strong capabilities in developing LTC/DOGE miners and ETC miners.

Prosper is dedicated to a community that truly believes in Bitcoin. They offer full exposure to Bitcoin hashrate and Bitcoin itself by bridging institutional-grade mining power on-chain. Their aim is to fully unlock Bitcoin's potential.

For more information, feel free to visit their website or follow Prosper on X.

Contact Prosper for the latest industry announcements.