Wu said that crypto mining company Marathon Digital (MARA) has announced that it has launched 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 at the same time. As of June 25, 2024, Marathon has mined 93 million KAS, currently worth about $15 million.
