KuCoin Launches Cloud Mining, Captures 10% of Dogecoin Mining Power

• KuCoin launches KuMining, a cloud mining platform for BTC and DOGE.
• KuMining holds about 10% of Dogecoin’s network mining power.
• Platform backed by global energy resources and scalable infrastructure.

Global crypto exchange KuCoin announced on Wednesday the launch of KuMining, a new cloud mining platform that gives users direct access to Bitcoin and Dogecoin hashrate. The platform is already live with enough power to control 10% of the entire Dogecoin network’s hashrate.

What is KuMining? A New Platform for BTC and DOGE

KuMining is a cloud mining platform designed to give retail users access to industrial-scale mining operations without needing to own or maintain any hardware.

What is the scale of the operation?

The platform is launching with over 10 exahashes per second (EH/s) in Bitcoin hashrate and about 200 terahashes per second (TH/s) for Dogecoin and Litecoin (via merged mining).

KuMining is backed by up to 2 gigawatts of power from global sites and is adding thousands of new water-cooled mining machines monthly. 

How does it work for users?

Users can rent “genuine hashrate” directly from professional facilities, with daily mining yi…

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