Marathon Digital has launched Kaspa mining operations and has mined KAS tokens worth approximately 15 million dollars

ChainCatcher news, according to the official announcement, the cryptocurrency mining company Marathon Digital (MARA) has announced that it has started 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), which allows multiple blocks to be generated simultaneously.

As of June 25, 2024, Marathon has mined 93 million KAS, currently valued at approximately 15 million dollars.