Bitcoin mining service provider Blockware submitted a governance proposal to Aave, suggesting increasing protocol revenue through mining
On January 17th, Bitcoin mining service provider Blockware Solutions submitted a governance proposal to Aave, suggesting adding new sources of revenue to the protocol through Bitcoin mining business. The proposal is currently in the preliminary discussion stage, and plans to use Aave funds to purchase the latest S21XP mining machine, which is expected to achieve a net annualized return rate of 33.03%.
According to the proposal details, Blockware Solutions will provide Aave with hosted mining services. The proposal states: "Now is the ideal time to enter the Bitcoin mining industry, as the price of the S19J Pro mining machine has fallen to the range of $3,000-$4,000, which has significant advantages compared to the high point of over $15,000 in the last bull market."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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Overview of important developments on the evening of January 17