In August 2025, PAXMINING began offering multi-currency mining services, automating the earning process for users.
Launch of Multi-Currency Mining
PAXMINING introduced its multi-currency mining services, allowing users to earn automatically in nine major cryptocurrencies. Since the launch, more than 8 million users from 190 countries have started utilizing the company's services.
Partnership with Kraken
The company, established in 2017, also announced a partnership with one of the leading cryptocurrency exchanges, Kraken, highlighting institutional support. However, specific terms of the partnership remain undisclosed.
Impact on Cryptocurrency Market
The launch of PAXMINING has significant implications for the cryptocurrency industry, increasing accessibility and sustainable mining practices. While Bitcoin continues to rise and has crossed $123,000, regulatory implications remain uncertain. The launch is accompanied by reports of 99.99% renewable energy usage.
Thus, PAXMINING contributes to the accessibility and sustainability of crypto mining while building partnerships with leading market players.