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Lumerin

LMR

Lumerin

Making hashpower tradeable

lumerin

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Categories:

Mining industry

Cloud Computing Power

Ecosystem:

trọng tài

Founded:

2021

Lumerin Protocol is an open-source project working on decentralized data stream routing. Its first development, the Lumerin Hashpower Marketplace, is a peer-to-peer platform that makes Bitcoin hashrate tradable and liquid, unlocking mining profitability and providing greater access to capital and hashrate on a global scale.

Lumerin Fundraising

Fundraising Event

Round	Amount	Valuation	Date	Investors
Public Sale	15740000	0	Jan 08, 2022
Private	6000000	0	Nov 29, 2021	Digital Finance Group 11-11 DG Partners ArkStream Capital Tribe Capital Outlier Ventures Cadenza Ventures Caballeros Capital Fundamental Labs

Investor

Lumerin Team

Ryan Condron

Founder

Lumerin

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Introduction

The Lumerin Protocol, developed by Titan, is an innovative project that decentralizes Bitcoin hashpower, transforming it into a tradable global commodity. It employs smart contracts to facilitate peer-to-peer transactions, aiming to democratize access and increase profitability in the mining sector. This protocol is part of a broader effort to create a decentralized marketplace for Bitcoin mining, enabling more equitable distribution of resources and opportunities within the crypto ecosystem.

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