Marathon Digital Launches Kaspa Mining Operation, Mining Approximately $15 Million in KAS Tokens
Cryptocurrency mining company Marathon Digital (MARA) has announced the launch of Kaspa mining operations. Kaspa is an open-source, decentralized, and fully scalable Layer-1 protocol that uses proof-of-work as its consensus mechanism. Unlike Bitcoin, Kaspa uses BlockDAG (Directed Acyclic Graph) and can generate multiple blocks simultaneously. As of June 25, 2024, Marathon has mined 93 million KAS, currently worth about $15 million.
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.
You may also like
MicroStrategy founder tweets to hint at continued BTC holdings
Hedge funds shorting Tesla have lost more than $5 billion since Trump's election
Stacks founder: sBTC token upgrade may be launched as early as December
Trending news
MoreCrypto prices
More
