KuCoin Launches KuMining Cloud Mining Platform

• The scalability and dependability of KuMining are meant to be supported by power resources ranging from 300 MW to 2 GW.
• KuMining is an end-to-end ecosystem that links customers to industrial-grade facilities without their being any hidden charges or markups from intermediaries.

KuMining is a next-generation cloud mining platform and a new cloud mining brand that was launched today by KuCoin, a worldwide cryptocurrency exchange. The purpose of KuMining is to make industrial-scale cryptocurrency mining accessible to a larger audience. Direct access to verified Bitcoin (BTC) and Dogecoin (DOGE) hashrate is provided by KuMining, which also combines mining for Litecoin (LTC) into a single process. At the moment, the platform is capable of supporting more than ten EH/s in Bitcoin hashrate and around two hundred TH/s for Dogecoin/LTC, which is equivalent to ten percent of the Dogecoin network.

The scalability and dependability of KuMining are meant to be supported by power resources ranging from 300 MW to 2 GW that are distributed among verified worldwide locations. The addition of thousands of additional water-cooled machines on a regular basis guarantees that consumers will reap the benefits of increased capacity and transparent operations that are carefully monitored in real time.

KuMining is an end-to-end ecosystem that links customers to industrial-grade facilities without their being any hidden charges or markups from intermediaries. It is established in conjunction with global mining equipment manufacturers, operators, and energy suppliers on a worldwide scale. Using auditable data and transparent fulfillment, the effort decentralizes hashrate, removing it from the power of institutions.

Jolie Du, Chief Operating Officer of KuMining stated:

“We are immensely proud to introduce KuMining, a platform that equalizes opportunities in cryptocurrency mining. Users can rent genuine hashrate from professional facilities, with daily yields automatically credited, eliminating hardware acquisition, energy management, and maintenance complexities. This low-barrier approach suits those seeking stable participation without technical resources, fostering sustainable wealth.”

BC Wong, CEO of KuCoin, added:

“KuMining’s incubation reaffirms our community commitment, advancing ‘crypto for good’ by bringing hashrate back to retail investors at competitive costs. By decentralizing mining power to real users, it builds an inclusive Web3 where assets can accumulate passively.”

Beginning on September 16, customers will be able to buy from the platform, which will provide them with the capacity to create predictable outputs, control risks, and dollar-cost average into crypto assets without being directly exposed to the volatility of the market.

The KuMining platform is a cloud mining platform of the next generation that was established jointly by KuCoin and prominent mining partners from across the world. Customers in retail and institutional settings are given direct access to genuine, verified hashrate that is supported by facilities of the highest quality all around the globe. The KuMining platform, which is integrated with the KuCoin ecosystem, offers smooth settlement, higher incentives via the KuCoin System (KCS), and increased engagement in the core infrastructure of cryptocurrency.