Lumerin Announces New Integration with Portal DEX for Decentralized Bitcoin Mining and Cross-Chain Hashpower Trading
CHICAGO, Feb. 22, 2024 /PRNewswire-PRWeb/ -- Lumerin, a decentralized Hashpower Marketplace built on Arbitrum that has built technology to make Bitcoin hashrate a liquid asset allowing for global access to peer-to-peer, decentralized hashrate trading, today announced a new integration with Portal, the first trust-minimized, cross-chain swaps that involve no bridges, custody or wrapping.
- Portal Swaps SDK was developed by Portal, a fintech provider advancing financial self-sovereignty via the first bridgeless, wrapper-less cross-chain decentralized exchange (DEX) network.
- Lumerin's peer-to-peer marketplace provides a platform for miners to create and sell Bitcoin hashpower contracts directly in the open market.
- "Virgin Bitcoin, accessible via Lumerin, is a private method for acquiring Bitcoin," said Ryan Condron, a long-time Bitcoin mining veteran and CEO and founder of Lumerin.
- Portal has already successfully demonstrated cross-layer, cross-chain Layer 1 and Layer 2 swaps of NFTs on Bitcoin, including Ordinals and BRC-20 tokens.