Prosper acquires 7,000 ASIC mining machines from BITMAIN and obtains strategic financing to promote the democratization of Bitcoin mining
Prosper is a decentralized protocol that democratizes Bitcoin mining by tokenizing institutional-grade Bitcoin hashrate as full-chain real assets (RWA). Today, Prosper announced the acquisition of over 7,000 ASIC miners from BITMAIN and the successful completion of its strategic financing.
With support from Metalpha, Waterdrip Capital, BIT Mining, Animoca Brands and many others, Prosper procured new ASIC miners from BITMAIN to introduce institutional-grade execution quality to its protocol.
Prosper aims to expand its underlying Bitcoin hashrate capacity, accelerate the flywheel effect of DAO-owned hashrate and Bitcoin asset library operations, while democratizing access to institutional-grade mining.
Following the announcement of a long-term partnership and escrow service agreement with BITMAIN, the world's leading digital currency mining machine manufacturer, this landmark purchase is a key step for Prosper to provide institutional-grade reliability to the mining ecosystem. By leveraging BITMAIN's cutting-edge products, Prosper improves the value delivery to PROS token holders while further consolidating its position as the leading Web3 Bitcoin mining protocol with the support of top industry players.
Milton Lam, a member of the Prosper Advisory Board, said, "Bitcoin has achieved the full democratization of the economic system through blockchain technology, bringing about fundamental changes in the financial field. Prosper has inherited the footsteps of Bitcoin's core concept and democratized the underlying power of Bitcoin computing power through blockchain technology. The community governance and ownership layer granted by blockchain not only enables Prosper to achieve flywheel expansion in Bitcoin computing power and asset library operations, but also helps to ensure that the Bitcoin mining layer is sufficiently decentralized to maintain Bitcoin's status as the most recognized digital reserve currency."
Prosper's latest progress
· 1 EH/s of computing power has been purchased and is ready to be fully launched (currently 250 PH/s are already in operation on Prosper's dApp).
· With a pipeline capacity of 170MW, the goal is to increase computing power by another 5 EH/s in the medium term.
· Since November, more than 2 BTC have been rewarded to PROS holders.
· More than 200 BTC backed, which will be allocated to the DAO by partners to unlock TVL opportunities for PROS holders.
Strategic Fundraising Completed: Strengthening the Bitcoin Ecosystem
In addition to the partnership with BITMAIN, Prosper announced the completion of a strategic funding round that attracted several well-known industry players and financial investors, including Metalpha, Waterdrip Capital, BIT Mining, and Satoshi Protocol. In October, Animoca Brands also stated that it planned to purchase PROS tokens from the open market.
These investments demonstrate the industry’s high recognition of Prosper’s vision to bring institutional-grade Bitcoin computing power to the chain and expand the ecosystem through an innovative Bitcoin liquidity mining model. The addition of strategic partners provides Prosper with critical industry expertise and network support to help it move forward steadily during its expansion.
Powering Prosper’s Growth
· Prosper’s token economics are uniquely designed to ensure that the hashrate per token will only increase, providing value-added benefits to PROS holders.
· Prosper’s DAO leverages a unique flywheel model that combines hashrate with Bitcoin treasury operations, governed by and for the benefit of PROS holders.
· Institutional-grade hashrate continuously generates Bitcoin, a portion of which is distributed as rewards to actively participating holders, and the remainder is deposited in the DAO treasury.
· Bitcoin in the DAO treasury can be used for TVL opportunities with ecosystem partners (such as Bitcoin L2), creating benefits for PROS holders and the DAO.
· As the value of the DAO treasury and the adoption of PROS grow, the protocol is able to further expand its base hashrate and increase its risk resistance.
By combining institutional-grade Bitcoin mining power, a decentralized protocol design backed by strong fundamentals, and an extensive network of strategic partners, Prosper is well-positioned to solidify its position as the flagship decentralized Bitcoin mining protocol.
About Prosper
Prosper is a decentralized protocol dedicated to providing comprehensive Bitcoin hashrate and exposure to Bitcoin to communities that truly believe in Bitcoin. By tokenizing institutional-grade Bitcoin hashrate as full-chain Real Assets (RWA), Prosper is committed to unlocking the full potential of Bitcoin. For more information, users can visit the official website or follow the X platform.
This article is from a contribution and does not represent the views of BlockBeats
You may also like
Latest research from 13 top universities including Cornell University: The current state, challenges, and misconceptions of the fusion of Crypto and AI
Deconstructing Anthropic: The Best AI Company, Possibly Also a Type of Organizational Invention
Apollo and Blackstone Reportedly Back $35 Billion Anthropic Chip Financing as Deal Details Remain Unclear
On June 9, according to currently available news alerts, Apollo and Blackstone Group participated in a $35 billion financing for an Anthropic “chip project.” Based on the original wording of the report, the funding has already been raised, but public information remains limited. The financing structure, use of proceeds, project entity, and whether Apollo and Blackstone participated through equity, debt, or project financing have not yet been disclosed.
Humanity Protocol Security Incident Escalates: More Than $31 Million Stolen From Related Addresses as Attacker Continues Selling H for ETH
On June 9, according to monitoring by Onchain Lens, more than $31 million has been stolen from addresses linked to Humanity Protocol, and the attack is still ongoing, with the hacker continuously swapping H tokens for ETH. Project founder Terence Kwok later confirmed the security incident on X, saying the issue involved a private key leak.
Bloomberg: As Bitcoin Weakens, Stablecoins and RWA Continue to Drive Expansion in Crypto Businesses
In June, Bloomberg reported that despite Bitcoin falling below $60,000 last week, wiping out about $235 billion in market value within seven days, and dropping close to 50% from last year’s peak, some core businesses in the crypto industry are still expanding, mainly in stablecoins, real-world asset tokenization (RWA), payments, and infrastructure. The report also noted that overall altcoin activity has contracted significantly: altcoin market capitalization has fallen from a peak of about $431 billion in November 2021 to around $170 billion, and among the tens of millions of tokens issued in recent years, fewer than 1,700 still maintain meaningful trading activity.
Galaxy Deep Research Report: How Hyperliquid's HIP-4 Upgrade Changes the Landscape of Prediction Markets?
Binance Research: RWA Market Expected to Expand Nearly 6x from Early 2025, with Public Equities and Onchain Payments Heating Up Together
In June, Binance Research said in its monthly market report that the real-world asset (RWA) market is expected to grow by about 589% from the beginning of 2025. Bond- and money market fund-related RWA expanded by about $6.5 billion, up 83% year over year, while publicly traded equity RWAs grew by about 422%. The report also noted that monthly crypto debit card transaction volume exceeded $747 million in May, up 48.6% year to date.
Japan to Assess a Framework for Yen Stablecoins and Crypto ETFs as Asia’s Compliant Payments Narrative Heats Up
Recently, according to the original report, Japan is considering the launch of yen stablecoins and cryptocurrency ETFs. Public information remains limited at this stage, and there is still no complete policy text, regulatory draft, or clear implementation timeline, so this is better characterized as a “policy discussion” rather than formal implementation. The original wording also noted that advancing stablecoin regulation in Asia is driving XRP usage and supporting growth in the XRPL ecosystem. However, based on currently available public information, there is not enough evidence to directly establish a clear causal relationship between this round of discussion in Japan and XRP or XRPL.
ZachXBT: Humanity private key leak and abnormal surge in H token should be viewed separately
On June 9, according to related disclosures, on-chain investigator ZachXBT posted an update on Humanity’s roughly $31 million security incident, saying that after further analyzing fund flows, he currently tends to believe the project team was not involved in an “inside job” or a self-staged attack. According to him, the official explanation about the private key leak was broadly accurate, but before the token unlock, the price of H had been artificially pushed higher, and the hacker later took advantage of that market environment; therefore, the private key leak and the earlier abnormal price pumping should be regarded as two separate and independent events. This reframing has shifted the market’s understanding of the nature of the incident. Earlier discussion around Humanity had focused on whether the team directly participated in the attack or used the security incident to cover up internal operations. ZachXBT’s latest remarks shift the focus from “whether it was self-theft” to “whether there were pre-unlock market structure issues.” He also questioned whether the team may have.
Morning Report | OpenAI has submitted an S-1 registration statement draft to the U.S. SEC; Morpho completes $175 million financing
Morning Report | BitMine increased its holdings by 126,971 ETH last week; trader Eugene announced his exit from the crypto market
Wang Chuan: How can one not feel anxious after the neighbor Old Wang made thirty times profit by investing in storage stocks? (Seven) - A quarter-century cycle
Cryptocurrency CEXs are flocking to sell US stocks, and traditional brokerages are facing an "uninvited guest."
$75 billion in foreign capital has fled, and South Korean retail investors have absorbed it all using leverage
Japan’s Three Megabanks Plan Joint Stablecoin Issuance in Fiscal 2026
MUFG, SMBC, and Mizuho reportedly plan to jointly issue fiat-pegged stablecoins in fiscal 2026, signaling Japan’s growing push into bank-led digital payment infrastructure.
Humanity Discloses H Token Dual-Chain Attack Details, With Losses on Ethereum and BSC Exceeding $36 Million
Humanity said the H token attack across Ethereum and BSC caused more than $36 million in losses after leaked ProxyAdmin keys enabled malicious contract upgrades and token minting.
White House Discusses CLARITY Act With Law Enforcement Ahead of Senate Vote
The White House discussed the CLARITY Act with law enforcement ahead of a Senate vote, focusing on illicit finance risks and developer protections.
Bitcoin Trading Guide 2026: Strategies for Experienced Traders
Latest research from 13 top universities including Cornell University: The current state, challenges, and misconceptions of the fusion of Crypto and AI
Deconstructing Anthropic: The Best AI Company, Possibly Also a Type of Organizational Invention
Apollo and Blackstone Reportedly Back $35 Billion Anthropic Chip Financing as Deal Details Remain Unclear
On June 9, according to currently available news alerts, Apollo and Blackstone Group participated in a $35 billion financing for an Anthropic “chip project.” Based on the original wording of the report, the funding has already been raised, but public information remains limited. The financing structure, use of proceeds, project entity, and whether Apollo and Blackstone participated through equity, debt, or project financing have not yet been disclosed.
Humanity Protocol Security Incident Escalates: More Than $31 Million Stolen From Related Addresses as Attacker Continues Selling H for ETH
On June 9, according to monitoring by Onchain Lens, more than $31 million has been stolen from addresses linked to Humanity Protocol, and the attack is still ongoing, with the hacker continuously swapping H tokens for ETH. Project founder Terence Kwok later confirmed the security incident on X, saying the issue involved a private key leak.
Bloomberg: As Bitcoin Weakens, Stablecoins and RWA Continue to Drive Expansion in Crypto Businesses
In June, Bloomberg reported that despite Bitcoin falling below $60,000 last week, wiping out about $235 billion in market value within seven days, and dropping close to 50% from last year’s peak, some core businesses in the crypto industry are still expanding, mainly in stablecoins, real-world asset tokenization (RWA), payments, and infrastructure. The report also noted that overall altcoin activity has contracted significantly: altcoin market capitalization has fallen from a peak of about $431 billion in November 2021 to around $170 billion, and among the tens of millions of tokens issued in recent years, fewer than 1,700 still maintain meaningful trading activity.
Galaxy Deep Research Report: How Hyperliquid's HIP-4 Upgrade Changes the Landscape of Prediction Markets?
