🚀Marathon Digital Holdings is making waves in the crypto world, mining a whopping $15M worth of Kaspa (KAS) since September! 💰
• Marathon's strategy to diversify its mining operations is paying off big time. They've mined about 93M KAS, making Kaspa the 5th largest Proof-of-Work (PoW) crypto asset. 📈
• Kaspa is similar to Bitcoin in terms of decentralization and open sourcing but uses a BlockDAG for simultaneous processing of multiple blocks. This means more chances for miners to earn rewards. 🎁
• Marathon's got some serious hardware in play, with 60 petahash of KS3, KS5, and KS5 Pro ASICs. They're already running 30 petahash of Kaspa mining ASICs in Texas, with more coming in Q3 2024. 💪
• Marathon's CGO, Adam Swick, says mining Kaspa creates a revenue stream diversified from Bitcoin, directly tied to their core competencies in digital asset compute. 🖥️
What do you think about Marathon's move to diversify their mining operations? Let's chat in the comments! 👇 #CryptoNews #Kaspa #MarathonDigital