Marathon Digital Holdings, one of North America’s largest Bitcoin miners and a leading digital asset technology firm, has started mining Kaspa to diversify its revenue streams. Marathon has mined 93 million KAS tokens, worth approximately $15 million as of June 25, 2024. Kaspa’s unique attributes offer new revenue opportunities beyond Bitcoin mining, with an active address count between 700,000 and 1 million. Marathon’s involvement in Kaspa began in May 2023, and it currently operates 30 petahash of Kaspa mining capacity at its self-owned facilities in Texas, with plans to reach full operational capacity by Q3 2024. Kaspa’s price surged by 11% to $0.1773 following Marathon’s announcement, reflecting investor optimism.
Can Kaspa Mining Boost Marathon Digitals Revenue to New Heights
