Источник CryptoPotato.com, Sofia, Bulgaria
Заголовок Marathon Digital Mines $15M in Kaspa Tokens for Revenue Diversification
Дата 20240630

Этим цветом    обозначаются известные системе слова и выражения, принимавшие участие в анализе данного текста, а таким    - идентифицированные, то есть соотнесенные с каким-либо объектом онтологической базы

============= Обработанный текст:
Marathon Digital Mines $15M in Kaspa Tokens for Revenue Diversification

Marathon Digital Mines $15M in Kaspa Tokens for Revenue Diversification

Author: Wayne Jones

Last Updated Jun 30, 2024 @ 14:00

Marathon Digital s entry into Kaspa mining spurred a surge in Kaspa
(KAS), marking it among the week s top-performing cryptocurrencies• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта.

Marathon Digital Holdings, a global crypto-focused platform, announced that
its mining operations for Kaspa have yielded approximately $15 million worth
of KAS since they commenced last September.

The company states that the decision to mine Kaspa was part of its strategy to
diversify its mining operations.

Marathon Mining Kapsa

In the statement released on Wednesday, Marathon Digital mentioned that since
the dawn of their Kaspa mining operations, they have already mined about 93
million KAS worth about $15 million by June 25.

The company highlighted that Kaspa is currently the 5th largest Proof-of-Work• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта
(PoW) crypto asset, with a market cap of $3.9 billion and trading volumes of
$64.8 million. The blockchain• Информационные технологии » Информационно-коммуникационные технологии » Информационные технологии и телекоммуникации » Базы данных » Публичная база транзакций » Блокчейн

• Высокие технологии » Информационные технологии и телекоммуникации » Базы данных » Публичная база транзакций » Блокчейн
’s circulating supply stands at 24 billion KAS,
and users earn a reward of approximately 103.83 KAS for every block mined,
with a terminal supply set at 28.7 billion.

Kaspa shares similarities with Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin in terms of decentralization and open
sourcing. However, it differs by employing a BlockDAG, which allows for the
simultaneous processing of multiple blocks, unlike Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin’s single block
every 10 minutes. This provides miners with more opportunities to earn
rewards.

As per the press statement, Marathon bought “60 petahash of KS3, KS5, and KS5
Pro ASICs, each capable of generating profit margins of 95% at the existing
network difficulty. Marathon already runs 30 petahash of Kaspa mining ASICs in
Texas, and more will be coming in Q3 2024.

Diversification of Mining Activities

In the statement, Marathon mentioned that they began looking into Kaspa in May
2023 to diversify their revenue . However, it was not until September that the
global compute giant deployed the first lot of Kaspa ASICs and began
expanding.

When speaking about the Kaspa mining, Adam Swick, the Chief growth officer at
Marathon Digital, said:

“By mining Kaspa, we are able to create a stream of revenue that is
diversified from Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin, and that is directly tied to our core competencies
in digital asset compute.”

As per Marathon’s CGO, Marathon is well positioned to mine Kaspa owing to its
unique relationships with hardware manufacturers, our strong balance sheet,
and the expertise of our team.” The Marathon digital executive pledges
commitment to supporting innovation• Экономика » Бизнес » Инновация in PoW ecosystems and expanding its
position as a leader in the mining business• Экономика » Бизнес.

After the massive price decline of Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin starting in 2022, miners began
looking for ways to diversify their revenue. Some chose to use their
infrastructure for AI and computing needs, while others opted to mine other
cryptos.

SPECIAL OFFER (Sponsored) Binance Free $600 (CryptoPotato Exclusive): Use this
link to register a new account and receive $600 exclusive welcome offer on
Binance ( full details ).

LIMITED OFFER 2024 at BYDFi Exchange: Up to $2,888 welcome reward, use this
link to register and open a 100 USDT-M position for free!

You Might Also Like:

Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin Miner Marathon Digital Misses Revenue Expectations Due to Production
Setbacks

Here’s How Marathon Digital is Using Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin Mining to Heat a Finland Town

Are The Big Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin Miners Preparing to Empty Their Bags?

Tags: Marathon Digital Mining

============= Итог: 10,6070 ; Экономика#Финансы#Платежные средства#Платежные системы интернета #Криптовалюта#Блокчейн 2,0156 ; Экономика#Бизнес#Инновация 4,7990 ; Информационные технологии#Информационно-коммуникационные технологии #Информационные технологии и телекоммуникации#Базы данных #Публичная база транзакций#Блокчейн#Bitcoin 4,7990 ; Информационные технологии#Информационно-коммуникационные технологии #Информационные технологии и телекоммуникации#Базы данных #Публичная база транзакций#Блокчейн#Криптовалюта


Copyright © 2007-2024 ООО «RelTeam»