Cryptocurrency exchange KuCoin announces KuMining, a new platform promising "Easy Mining, Sharp Profits" for hassle-free crypto accumulation.
KuCoin, the globally recognized cryptocurrency platform, has announced the launch of its next-generation cloud mining platform, KuMining. This innovative platform aims to democratize industrial-scale mining, providing retail and institutional users direct access to real, verifiable hashrate backed by top-tier facilities worldwide.
KuMining represents approximately 10% of the Dogecoin network's hashrate and offers over 10 EH/s in real-time BTC hashrate and 200 TH/s for DOGE/LTC. The platform integrates KuCoin, world-class partners in mining machine manufacturing, and mining operations and energy optimization experts, forming a comprehensive ecosystem spanning upstream manufacturing, distribution, and operational expertise.
BC Wong, the CEO of KuCoin, leads this venture. KuCoin is ISO 27001:2022 certified and committed to security, compliance, and innovation. The platform's infrastructure includes 300 MW to 2 GW in verifiable global power resources.
KuMining is positioned as a next-generation platform for industrial-scale mining, offering direct access to authentic, industrial-grade hashrate for Bitcoin (BTC) and Dogecoin (DOGE), with merged mining capabilities for Litecoin (LTC). The product will be available for purchase starting September 16.
KuCoin, recognised by Forbes as one of the "Best Crypto Apps & Exchanges" and a "Top 50 Global Unicorn" by Hurun, offers access to over 1,000 digital assets and solutions, including Web3 wallet, Spot and Futures trading, institutional services, and payments.
Users can learn more about KuCoin and KuMining at www.kucoin.com. The specific companies involved in the cooperative partnership developing the next-generation cloud-mining provider KuMining are not mentioned in the available search results, nor is detailed information provided on the global distribution of the involved top-tier mining facilities. However, auditable data and public monitoring ensure reliable fulfillment on the platform.
KuMining is integrated with KuCoin's ecosystem, enabling seamless settlement, enhanced rewards through KCS, and greater participation in crypto's core infrastructure. This move further solidifies KuCoin's position as a leading player in the cryptocurrency industry.