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Lumerin is a decentralized protocol designed to facilitate the trading of Bitcoin mining hashpower through a digital marketplace. At its core, Lumerin allows users to buy and trade ERC-20 tokens—representing quantifiable mining hashpower—thus enabling individuals and enterprises to benefit from mining rewards without the need for a physical investment in mining hardware.
The primary objective of this initiative is to make Bitcoin mining more accessible to a broader audience, regardless of technical expertise or financial capability. Users can effectively partake in the Bitcoin mining process as if they were operating their own Application-Specific Integrated Circuit (ASIC) miners. This opens avenues for countless potential miners who may have been previously deterred by the complexities and high costs associated with traditional mining.