Bitcoin Mining Giant Announced It Is Mining A Surprise Altcoin: The Price Rises!

Big Bitcoin one of the miners Marthon Digital in his statement BTC other than another altcoinde He said he was still mining.

Accordingly, the giant company aims to diversify its mining income. He announced that apart from BTC, he also mined the altcoin named Kaspa (KAS).

Company since September 2023 When mining company, He stated that he issued 93 million KAS tokens worth approximately $15 million.

Marathon’s chief growth officer, Adam Swick, said in a statement:

“Marathon was uniquely positioned to mine Kaspa and benefit from the higher margins available to those who can deploy Kaspa ASICs today.

“By mining Kaspa, we are able to create a revenue stream that is diversified from Bitcoin and directly linked to our core capabilities in digital asset computing.”

In its announcement, Marathon purchased approximately 60 petahash KS3, KS5 and KS5 Pro ASIC mining rigs to mine Kaspa tokens. Half of this is currently operational, while the rest will come online in the third quarter.

Adam Swick also emphasized that Marathon’s main mining focus has not changed and is still on Bitcoin.

With an increase of over 8% in the last 24 hours WHATcontinues to be traded at $0.174 at the time of writing.

*This is not investment advice.