Bitcoin Miner Marathon Digital Diversifies into Kaspa
Marathon Digital, a major Bitcoin miner, has announced a 13% surge in the native token of proof-of-work cryptocurrency Kaspa. This move comes as the company reveals it has mined over $16 million worth of the token to diversify its revenue streams, capitalizing on the higher margins achievable with Kaspa mining machines.
Kaspa’s Positive Market Performance
Trading volume for KAS has surged by 145% with a 10% increase in price in the last 24 hours. Over the past 7 days, the crypto asset has risen by 20%, and in the last 30 days, it has seen a 26% increase, indicating a bright outlook for the altcoin in the current month.
Kaspa’s Innovative Blockchain Platform
Kaspa is known for delivering a high-performing, scalable, and secure blockchain platform. The use of the GhostDAG protocol as a proof-of-work consensus mechanism sets it apart, allowing for faster block times and higher transaction throughput compared to traditional blockchains. This innovative approach accelerates transactions and enhances block rewards for miners, offering significant advantages over Bitcoin.
