ChainCatcher news, Binance Pool has announced support for KASPA (KAS) mining.KASPA is a cryptocurrency that uses PoW and blockDAG architecture, claiming to be the fastest Layer-1 blockchain. The mining fee rate for KASPA on Binance Pool is 1%, and it uses the PPLNS method to distribute earnings.KASPA only supports efficient mining with ASIC miners and does not support GPU and CPU. The settlement period is from 08:00 Beijing time to 08:00 the next day, with a minimum payout threshold of 100 KAS. Binance recommends setting up multiple ports to ensure mining stability.

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.