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Home » AMA Preview Kaspa Soars to New Peaks Top Mining Giants in Frenzy Is It Time to Dig into PoW Sectors and Mining Coins
Cryptocurrency

AMA Preview Kaspa Soars to New Peaks Top Mining Giants in Frenzy Is It Time to Dig into PoW Sectors and Mining Coins

By adminJul. 4, 2024No Comments2 Mins Read
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AMA Preview Kaspa Soars to New Peaks Top Mining Giants in Frenzy  Is It Time to Dig into PoW Sectors and Mining Coins
AMA Preview Kaspa Soars to New Peaks Top Mining Giants in Frenzy Is It Time to Dig into PoW Sectors and Mining Coins
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As a professional translator, I will translate the news article into English with precision and fluency, maintaining a formal style and preserving proper nouns. The translation will ensure the same meaning without any language errors, and all images will be retained. Here is the translated content:

“With gun in hand, follow the market! Blockzone has specially invited the Kaspa Chinese Ambassador, a seasoned miner, and the Blockzone Editor-in-Chief to discuss the future trends of this less-attended PoW (Proof of Work) cryptocurrency.

(Prelude:
Bitcoin mining company Marathon announced that it has been mining Kaspa for nine months, earning a whopping 15 million dollars, with KAS jumping 15% in value.)

(Background Information:
What is Kaspa? An overview of the new PoW star’s operational features, KAS tokenomics, and a comprehensive mining tutorial.)

Blockzone will host a Space event on July 5th (Friday) at 20:00 (UTC+8), themed ‘Kaspa Soars to New Heights, Major Mining Enterprises Dig In, Is It Still Viable to Enter the PoW Sector and Mine Coins?’ Special guests include Kaspa Chinese Ambassador shawnchen_eth, veteran miner koventheboy, and Blockzone Editor-in-Chief 0xjigglypuff, who will discuss the future trends of this less-attended PoW cryptocurrency.

Mara enters the scene, Kas coin price hits an all-time high
Why has Kaspa attracted significant investor attention in a sluggish market? Just last week, Marathon Digital, the U.S. mining enterprise with the largest Bitcoin holdings, announced that it has actually been mining another PoW cryptocurrency, Kaspa (KAS), since last September. They have deployed a massive 60 petahash (1 petahash equals 1,000 trillion hash operations per second) of KS3, KS5, and KS5 Pro ASIC mining machines, indicating that the leading Bitcoin mining enterprise has already entered the Kaspa market.

In terms of price, Kaspa has risen over 600% since last year, recently reaching a new all-time high, approaching $0.2. At this critical juncture, investor interest in the prospects of Kaspa has further increased.


Kaspa price hits a new all-time high | Source: Coingecko

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Will Bitcoin miners’ selling pressure end soon? Analysts: North American summer heat may force mining companies to reduce operations
JPMorgan: U.S. mining enterprises’ total market value hits an all-time high, but why are miners still frantically selling Bitcoin?
Bitfarms deploys ‘poison pill’ to fend off Riot’s acquisition, Bitcoin mining enterprises face consolidation after halving.”

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