Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • HACKING
  • SLOT
  • CASINO
  • SUBMIT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • HACKING
  • SLOT
  • CASINO
  • SUBMIT
Crypto Flexs
Home»TRADING NEWS»Marathon Digital Expands to Kaspa Mining to Diversify Revenue Streams
TRADING NEWS

Marathon Digital Expands to Kaspa Mining to Diversify Revenue Streams

By Crypto FlexsAugust 4, 20242 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Marathon Digital Expands to Kaspa Mining to Diversify Revenue Streams
Share
Facebook Twitter LinkedIn Pinterest Email

Marathon Digital Enters Kaspa Mining

According to Marathon Digital’s X post, the Bitcoin mining company has jumped into mining Kaspa (KAS) tokens, securing around $16 million worth since September.

Source: Marathon Digital X Post

These measures are aimed at diversifying revenue sources and taking advantage of the higher margins achievable with Kaspa mining rigs, which in some cases offer profitability of up to 95%.

Diversification Strategy and Revenue Impact

According to Adam Swick, Marathon’s chief growth officer, Caspar mining allows the company to generate revenue separately from Bitcoin.

Marathon is primarily focused on Bitcoin, but it has been profitable in the wake of the recent 420% price surge of Kaspa, mining 93 million KAS tokens using Kaspa ASICs, while Bitcoin’s price has surged 135% over the same period.

Maintaining Focus on Bitcoin

While Marathon expands its business with Kaspa mining, Robert Samuels, vice president of investor relations, emphasized that Bitcoin remains the company’s main focus.

Samuels highlighted Marathon’s ongoing Bitcoin mining efforts, which have seen the company mine 9,761 Bitcoins worth $594.9 million since September, explaining that Caspar mining accounts for just 1% of Marathon’s total energy capacity.

Understanding Kaspa’s Technology and Market Positioning

Kaspa, which ranks as the fifth largest proof-of-work cryptocurrency with a market cap of $4.1 billion, operates on a layer 1 protocol similar to Bitcoin, but uses the BlockDAG architecture for faster block processing. This design allows Kaspa to achieve a block rate of around 1 block per second, which is significantly faster than Bitcoin’s 10-minute block time.

Despite its technological advancements, Kaspa currently maintains a smaller network size than Bitcoin, with significantly fewer daily active addresses. Marathon’s strategic expansion into Kaspa mining reflects a broader trend among mining companies looking to diversify their revenues and capitalize on new cryptocurrency opportunities.

As the digital asset landscape changes, Marathon Digital continues to struggle to strike a balance between traditional Bitcoin mining and exploring new revenue streams from alternative cryptocurrencies such as Kaspa.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

As the Air drop recipient is sold, the infinite price is 46% conflict after Binance listing.

September 16, 2025

Metabuses are increasing again -Records in August +13k NFT users

September 15, 2025

Web3 EXEC warns that the US dollar Stablecoin end game is not priced.

September 14, 2025
Add A Comment

Comments are closed.

Recent Posts

Zircuit Launches $495K Grants Program To Accelerate Web3 Super Apps

September 16, 2025

Kintsu Launches SHYPE On Hyperliquid

September 16, 2025

New Cryptocurrency Mutuum Finance (MUTM) Raises $15.8M As Phase 6 Reaches 40%

September 16, 2025

How XRP Enthusiasts Can Earn $15k/Day

September 16, 2025

Bringing 1R0R To R0AR Chain Unlocks New Incentives

September 16, 2025

As the Air drop recipient is sold, the infinite price is 46% conflict after Binance listing.

September 16, 2025

Vulnerability or orbit again? BTC has a line at $ 115K

September 16, 2025

Bitcoin Treasury Firm Strive adds an industry veterans and starts a new $ 950 million capital initiative.

September 16, 2025

France can break the EU password market with ‘atomic weapons’.

September 15, 2025

Cardano (ADA) Signal Recovery -Is there a strong rise?

September 15, 2025

BitMine Immersion (BMNR) Announces Crypto And Cash Holdings Of $10.8 Billion, ETH Holdings Exceeding 2.151 Million

September 15, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

Zircuit Launches $495K Grants Program To Accelerate Web3 Super Apps

September 16, 2025

Kintsu Launches SHYPE On Hyperliquid

September 16, 2025

New Cryptocurrency Mutuum Finance (MUTM) Raises $15.8M As Phase 6 Reaches 40%

September 16, 2025
Most Popular

Complete re -creation practice guide -AcKee Blockchain

August 26, 2025

What are Rebase tokens and how do they work?

March 16, 2024

AI-Powered “Nudify” Platform: A Deep Dive into the Amazing Surge and Its Impact

December 11, 2023
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.