The Lumerin project is planning to launch a decentralized marketplace for Bitcoin mining hashrate, using Arbitrum One network.
This platform aims to smooth out the fluctuations in the mining process of the popular cryptocurrency.
It allows buyers and sellers to adjust different parameters, including the amount of power, price, and contract duration, to trade hashrate in a peer-to-peer and real-time manner without the need for trust. Users do not require their own hardware to benefit from this service.
The platform also helps companies manage operational risks by offering fixed prices and reducing the need to invest in short-lived equipment.
Additionally, it allows miners in regions with low electricity costs to sell their hashrate at global rates.
By using the Lumerin Wallet, users can purchase contracts, choose their preferred mining pool, and receive direct income from Bitcoin mining.
