BIT Mining (NYSE: BTCM) invests in Prosper native tokens to support a new strategy for Bitcoin mining
Prosper is collaborating with well-known companies in the industry to obtain various services and products needed for managing mining computing power, ensuring that institutional-level execution standards are met.Author: BTCM
Compiled by: Deep Tide TechFlow
Prosper is a decentralized protocol aimed at connecting institutional-grade Bitcoin mining capabilities on-chain and unlocking the potential of Bitcoin through liquidity mining. Today, leading cryptocurrency mining company BIT Mining Limited (NYSE: BTCM) announced a new investment in Prosper's native token PROS.
Recently, Prosper has shifted its strategic focus towards Bitcoin mining and its ecosystem, a change that has been positively received by the community. As part of this strategic adjustment, Prosper is collaborating with well-known companies in the industry to acquire the various services and products needed to manage mining power, ensuring that institutional-level execution standards are met.
BIT Mining's investment further validates Prosper's strategic direction and has gained recognition from institutional investors. In addition to an increasing number of top industry partners and established financial investors (such as the recently announced Waterdrip Capital investment), Prosper's value proposition has also attracted cryptocurrency companies with rich experience in the mining field, which have a deep understanding of the entire ecosystem. This investment aligns 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 operations covering cryptocurrency mining, data center operations, and mining machine manufacturing. The company strategically creates long-term value in the industry through its cryptocurrency ecosystem. By relying on efficient data centers, it enhances profitability through stable cash flow while conducting self-operated mining operations, flexibly responding to cryptocurrency price fluctuations with self-developed and procured mining machines, thereby enhancing market adaptability. Additionally, the company possesses 7-nanometer Bitcoin chips and has strong capabilities in developing Litecoin (LTC), Dogecoin (DOGE), and Ethereum Classic (ETC) mining machines.
About Prosper
Prosper is a decentralized protocol aimed at the community that truly believes in Bitcoin, providing comprehensive Bitcoin computing power and access to Bitcoin. By bringing institutional-grade Bitcoin mining capabilities to the blockchain, Prosper is committed to fully unlocking the potential of Bitcoin. For more information, users can visit prosper-fi.com or follow on X (formerly Twitter).
