TL;DR
- KuCoin’s Launch Scope: KuMining debuts with 10 EH/s Bitcoin and 200 TH/s Dogecoin/Litecoin hashrate, representing about 10% of the Dogecoin network and ranking as the fourth-largest DOGE miner globally.
- User Access: Retail participants can rent verified industrial-grade hashrate from professional facilities, receive daily crypto yields, and avoid the costs and complexities of owning or maintaining mining hardware.
- Growth Plan: KuCoin will expand KuMining monthly with thousands of new water‑cooled rigs, supported by 300 MW to 2 GW of global power capacity for reliable, large‑scale operations.
KuCoin has announced the launch of KuMining, a next-generation cloud mining platform designed to make industrial-scale cryptocurrency mining accessible to a wider audience. The program provides direct access to verifiable hashrate for Bitcoin and Dogecoin, incorporating merged mining for Litecoin. Its goal is to shift mining power away from institutional dominance and return it to retail participants.
Expanding Access to Industrial-Grade Mining
KuMining is built to remove traditional barriers to entry in cryptocurrency mining. By collaborating with top manufacturers of proof-of-work mining equipment and specialists in operations and energy efficiency, KuCoin has built a fully integrated ecosystem. This structure ensures transparent pricing without intermediary markups and provides users with direct supply chain efficiencies.
Retail participants can rent genuine hashrate from professional facilities, with daily yields automatically credited, eliminating the need for hardware purchases, energy management, or maintenance.
Significant Initial Capacity and Growth Plans
At launch, KuMining offers over 10 exahashes per second (EH/s) of real-time BTC hashrate and 200 terahashes per second (TH/s) for DOGE/LTC. The DOGE/LTC capacity accounts for about 10% of the Dogecoin network, making KuMining the fourth-largest Dogecoin mining operation.
The platform’s infrastructure includes between 300 megawatts (MW) and 2 gigawatts (GW) of global power resources, enabling immediate activation and reliable operations. KuCoin intends to increase its capacity each month by incorporating thousands of advanced water-cooled mining rigs.
Commitment to Decentralization and Inclusion
KuCoin executives emphasize that KuMining is designed to “equalize opportunities” in mining by returning hashrate to the community. COO Jolie Du emphasized the platform’s easy access, making it ideal for users who want consistent involvement without needing technical skills. CEO BC Wong framed the launch as part of KuCoin’s “crypto for good” mission, fostering an inclusive Web3 environment where assets can accumulate passively and sustainably.
Launch Timeline and User Benefits
KuMining will be available for purchase starting September 16. Users will be able to generate consistent mining outputs, manage risks, and dollar-cost average into crypto assets without direct exposure to market volatility. Connected to KuCoin’s larger ecosystem, the platform provides better rewards using KuCoin’s native token, KCS, and smooth transactions for users around the globe.
