KuCoin has launched KuMining, a cloud mining platform, on September 3, 2025, which aims to decentralize the hashrate and improve mining accessibility for individual users.
Goals and Features of KuMining
KuMining aims to decentralize the hashrate and simplify the mining process for users. The platform will allow users to rent genuine hashrate from professional facilities, eliminating the need for hardware acquisition and maintenance. Daily yield credits will be automatically issued to participants.
Infrastructure and Financial Metrics
KuMining launches with a hashrate of 10 EH/s for BTC and 200 TH/s for DOGE and LTC. This significant infrastructure underscores the company's ambition to capture a strong market position and influence liquidity and reward distributions within these cryptocurrencies.
Regulatory and Market Aspects
The global regulatory approach to such platforms remains cautious. MiCA compliance in the EU presents potential challenges for KuMining. However, KuCoin is actively addressing compliance through promises of auditable data, which is critical for large cryptocurrency exchanges.
The launch of KuMining could significantly impact the cryptocurrency mining landscape by enhancing liquidity and reward distributions, while raising questions about decentralization and regulatory compliance.