Bitcoin Hashpower Marketplace Lumerin to Launch on Arbitrum

Bitcoin Hashpower Marketplace Lumerin to Launch on Arbitrum
Source: Lumerin

Lumerin's hashpower marketplace is scheduled to launch on the Arbitrum One network on September 26th. This platform offers a decentralized marketplace for buying, selling, and trading Bitcoin mining hashpower.

The platform is designed to create stability in Bitcoin mining operations by enabling users, both miners and non-miners, to transact hashpower computing capacity through smart contracts. These contracts allow users to specify parameters such as hashrate amount, duration, and price, providing a more flexible and accessible approach.

Lumerin's platform aims to promote greater decentralization in Bitcoin mining, making it accessible to a wider range of participants without the need for expensive specialized hardware or long-term hosting commitments. Through the Lumerin Wallet, users can purchase hashpower contracts, direct them to their preferred mining pool, and earn mining revenue directly, simplifying the process for users.

Stay updated with the most important cryptocurrency news and valuable insights, conveniently delivered to your email every day. Subscribe to the TokenInsight mailing list now!

Prefer social media? Follow us on Twitter, or subscribe to our Telegram channel!

If you have news reports or announcements that you want to reach a wider audience, feel free to email us at news@tokeninsight.com

Source

Arbitrum

Bitcoin

Mining

In This Article

Related News
Trump makes over $57 million from WLFI sales, Truth Social files for Bitcoin and Ethereum combo ETF, and more Trump makes over $57 million from WLFI sales, Truth Social files for Bitcoin and Ethereum combo ETF, and more
FalconX partners with Standard Chartered to boost crypto offerings for institutional clients FalconX partners with Standard Chartered to boost crypto offerings for institutional clients
Bitcoin dominates global crypto funds' $882 million weekly inflows as Sui outperforms major altcoin products Bitcoin dominates global crypto funds' $882 million weekly inflows as Sui outperforms major altcoin products
Riot Platforms sells mined bitcoin for first time since January 2024, nets $38.8 million Riot Platforms sells mined bitcoin for first time since January 2024, nets $38.8 million
Ark Invest raises 2030 bull-case bitcoin price projection to $2.4 million on 'aggressive' modeling Ark Invest raises 2030 bull-case bitcoin price projection to $2.4 million on 'aggressive' modeling
Latest News More More
3 Days Ago Kraken offers bitcoin ‘staking’ yield via Babylon without wrapping or lending
June 13 XRP Ledger adopts USDC one week after Circle goes public
June 13 Wall Street back-office giant DTCC mulls stablecoin integration: report
June 10 Foresight Ventures Report Shows a Pendulent Shift of Over 32,000 Global Merchants Accepting Crypto Payment
June 9 Hyperliquid hits record $248 billion perp volume in May, capturing over 10% of Binance flow
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open