KuCoin, a global cryptocurrency exchange, has announced the launch of KuMining, designed to provide users access to mining through hashrate rental.
KuMining Platform: Details and Functionality
KuMining, slated for public launch on September 16, allows users to rent real-time hashrate for Bitcoin (BTC) and Dogecoin/Litecoin (DOGE/LTC). Payouts are credited daily, and no ownership of physical miners or management of power logistics is required.
KuMining Infrastructure Without Middlemen
KuMining is backed by a vertically integrated supply chain, developed in collaboration with PoW machine manufacturers and energy optimization firms. Users bypass inflated prices and rent directly from the source, offering over 10 EH/s in BTC hashrate and 200 TH/s for DOGE/LTC at launch.
Restoring Mining Rights to Users
As KuCoin grows its influence in the market, the message is clear: mining should not be limited to institutional players. "We’re bringing hashrate back to real users," said BC Wong, CEO of KuCoin.
KuMining positions itself as a countermeasure to centralized mining operations, allowing users to participate in mining while remaining independent of major institutions.