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.

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Source

Arbitrum

Bitcoin

Mining

In This Article

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