Despite being the most decentralized cryptocurrency in the industry, Bitcoin has faced challenges with being available to miners of any size.
Prosper is tackling this issue head-on by creating a decentralized protocol. It will allow the community to get involved in the action. It does this through the $PROS native token and its carefully designed ecosystem, which ensures Bitcoin’s mining power is better integrated into DeFi.
Here’s how Prosper is solving this challenge, as well as the key benefits it offers to users and investors.
The Problem and Solution
According to CompaniesMarketCap, the Bitcoin mining industry has a combined market cap of around $40.5 billion as of late 2024.
Source: CompaniesMarketCap
Yet, despite this massively successful industry, mining is mostly dominated by centralized companies like Marathon Digital, Core Scientific, and so on.
Moreover, while Bitcoin itself has a $1.3 billion market cap as a cryptocurrency, there has been no significant e
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