KuCoin to Launch KuMining Cloud Mining Platform on September 16

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Crypto exchange KuCoin has announced the launch of KuMining, a cloud mining service designed to decentralize hashrate and make mining more accessible to individual users.

The platform will officially go live on September 16, according to a post from Wu Blockchain.

KuMining will initially support Bitcoin (BTC) and Dogecoin (DOGE) mining, with Litecoin (LTC) available through merged mining. The platform is backed by significant infrastructure, ranging from 300 megawatts to 2 gigawatts of power capacity, alongside an initial 10 exahash per second (EH/s) of Bitcoin hashrate.

To meet growing demand, KuMining plans to deploy thousands of water-cooled mining rigs monthly. These machines will feature real-time monitoring systems, allowing users to track performance and ensure efficiency.

KuCoin says the goal of KuMining is to democratize access to industrial-scale mining, offering individuals a share of large-scale infrastructure without the need for direct ownership of hardware.

By providing a capital-efficient way to participate in Bitcoin and Dogecoin mining, the exchange hopes to strengthen decentralization across the sector.

The launch highlights KuCoin’s broader push to expand beyond trading services and into core blockchain infrastructure.

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Kosta has been working in the crypto industry for over 4 years. He strives to present different perspectives on a given topic and enjoys the sector for its transparency and dynamism. In his work, he focuses on balanced coverage of events and developments in the crypto space, providing information to his readers from a neutral perspective.
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