TechFlow reported, according to The Block, that Lumerin, a decentralized computing power routing protocol, will officially launch its new platform on Arbitrum One on September 26, providing a decentralized platform for buying, selling, and trading Bitcoin mining hashrate.
The new platform aims to eliminate the "peaks and valleys" in Bitcoin mining operations, allowing both miners and non-miners to buy and sell hashing power via smart contracts by setting parameters such as hashrate amount, duration, and price, according to a statement.
Lumerin noted that all transactions are trustless and peer-to-peer, with payments processed in real time upon contract completion.
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