Lumerin is a decentralized peer-to-peer blockchain network that serves as both a marketplace and a protocol for trading Bitcoin hashpower. The platform enables users to buy, sell, and route hashpower in a low-cost, decentralized manner, addressing issues related to mining centralization by fostering a trustless and open network governed by smart contracts. Lumerin also functions as a protocol allowing the effective exchange, rerouting, and redirection of hashrate, providing users with provable ownership and control over mining devices’ hashpower without the need for physical possession.