paint-brush
GhostDAG Acquires $880,000 Worth of Miners to Near $1M Phase One Mining Setupby@cryptounfolded
601 reads
601 reads

GhostDAG Acquires $880,000 Worth of Miners to Near $1M Phase One Mining Setup

by Crypto UnfoldedDecember 7th, 2023
Read on Terminal Reader
Read this story w/o Javascript
tldt arrow

Too Long; Didn't Read

GhostDAG.org is inching closer to its goal of $1,000,000 in $KAS Miner setup after acquiring $880,000 worth of miners. The infrastructure now boasts 490.2 Th/s, generating a monthly revenue of $300,000 via proof-of-work (PoW) rewards.

Company Mentioned

Mention Thumbnail
featured image - GhostDAG Acquires $880,000 Worth of Miners to Near $1M Phase One Mining Setup
Crypto Unfolded HackerNoon profile picture

GhostDAG.org is inching closer to its goal of $1,000,000 in $KAS Miner setup after acquiring $880,000 worth of miners.


The operation is a weighty milestone in the project's development, enabling it to significantly increase the chances of widespread KAS adoption. Moreover, it allows customers to leverage cutting-edge Kaspa (KAS) mining facilities, pool in the hash, and enhance KAS profits. The infrastructure now boasts 490.2 Th/s, generating a monthly revenue of $300,000 via proof-of-work (PoW) rewards.

Levelling the Field in Crypto Mining

GhostDAG.org is a new project seeking to democratize institutional-grade mining on a large scale and enable small mining enthusiasts to get a piece of the action. Despite being a newcomer, the platform only needed 14 days since its launch to garner 1,000,000 organic impressions.


The recent acquisition consists of 53 IceRiver KS3M and 3 Bitmain KS3 devices for GhostDAG.org and GDAG token holders. Additionally, 10 IceRiver KS3M devices are dedicated to Blocktools.org, and 14 come from third-party customers.


More importantly, this movement enhances network support, aligning with GhostDAG’s strategy to attract more Ethereum users within the Kaspa ecosystem. The project also engages in social awareness campaigns to propagate increased KAS adoption.


GhostDAG.org is open to potential collaborations to accelerate Kaspa's growth and development. The team urges interested institutions to contact them via the project's official website.

The Rise of Kaspa Mining

GhostDAG.org is a cutting-edge platform consisting of early adopters of KAS who believe in its potential to reach the top 5 cryptocurrencies. Ethereum users can rely on the GDAG ERC-20 token to mine KAS without switching from Ethereum. The second-most popular blockchain network should enable countless miners to join the Kaspa network and contribute to its development.


Kaspa Mining employs a reward system with several benefits for those contributing to the network's growth and scalability. Also, holding KAS tokens could prove lucrative in the long term, thanks to the token's recent listing on prominent centralized crypto exchanges. As the token gains institutional adoption, the demand for it might increase, and so may its value. As a result, miners and token holders could access higher rewards.


Like other newly-launched projects, Kaspa has unlimited potential and countless unexplored opportunities. Those wishing to remain up-to-date with the project's development can visit its social media pages on X and Telegram.