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…
The post KuCoin Launches Cloud Mining, Captures 10% of Dogecoin Mining Power appeared first on Coin Edition.
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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…
The post KuCoin Launches Cloud Mining, Captures 10% of Dogecoin Mining Power appeared first on Coin Edition.
Read More