Marathon Digital Launches Kaspa Mining Operation, Has Mined About $15 Million Worth of KAS Tokens
Crypto mining company Marathon Digital (MARA) has announced that it has launched mining operations for Kaspa, an open-source, decentralized and fully scalable Layer-1 protocol that uses proof-of-work as its consensus mechanism, and unlike Bitcoin, Kaspa uses BlockDAG (Directed acyclic graph), which allows for the simultaneous generation of multiple blocks. As of June 25, 2024, Marathon has mined 93 million KAS, which is 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
Modi has failed to diminish gold's appeal in the Indian market
Goldman Sachs raises IMAX target price to $50
ETH falls below the $2,500 mark, up 0.79% on the day.
Crypto prices
More
