PANews reported on June 27 that Marathon Digital Holdings announced its Kaspa (KAS) mining business. As of June 25, 2024, the company has mined 93 million KAS, worth approximately $15 million. Kaspa is the fifth largest proof-of-work (PoW) digital asset, with decentralized and scalable characteristics. Marathon has successfully diversified its revenue sources by deploying approximately 60 petahash of Kaspa ASICs in Texas, leveraging existing infrastructure and expertise, and plans to be fully operational in the third quarter of 2024.
