KuCoin, the global crypto exchange, today rolled out KuMining, a new cloud-mining arm that it says will make industrial-scale mining simple and available to everyday users. The platform offers direct access to verifiable Bitcoin (BTC) and Dogecoin (DOGE) hashrate, with merged mining for Litecoin (LTC).
KuCoin says KuMining already supports more than 10 EH/s of BTC hashrate and roughly 200 TH/s for DOGE/LTC, a footprint the company frames as about 10% of the Dogecoin network. KuMining is built on a large, geographically distributed power base, between 300 MW and 2 GW across verified sites worldwide.
The company says the operation is expanding fast, adding thousands of water-cooled machines every month. KuCoin stresses that facilities are monitored in real time and that the service is designed to be auditable and transparent, without hidden fees or middle-man markups.
The product works like this: users rent verifiable hashrate from KuMining’s professional facilities rather than buying and running hardware themselves. Daily yields are automatically credited to user accounts, removing the need for hardware purchases, energy management or onsite maintenance.
“We are immensely proud to introduce KuMining, a platform that equalizes opportunities in cryptocurrency mining,” said Jolie Du, Chief Operating Officer of KuMining. “Users can rent genuine hashrate from professional facilities, with daily yields automatically credited, eliminating hardware acquisition, energy management, and maintenance complexities. This low-barrier approach suits those seeking stable participation without technical resources, fostering sustainable wealth.”
BC Wong, KuCoin’s CEO, positioned KuMining as part of a broader mission to bring mining back to retail users. “KuMining’s incubation reaffirms our community commitment, advancing ‘crypto for good’ by bringing hashrate back to retail investors at competitive costs. By decentralizing mining power to real users, it builds an inclusive Web3 where assets can accumulate passively,” Wong said.
Next-generation Cloud Mining Platform
KuCoin says KuMining has been developed together with mining-equipment manufacturers, operators and energy providers to create an end-to-end ecosystem. The goal, the company says, is to decentralize hashrate away from large institutional pools and give individual users verifiable, auditable access to mining infrastructure.
The platform will open for purchase on September 16, and KuCoin highlights use cases such as generating steady outputs, managing exposure, and dollar-cost averaging into crypto assets without directly trading or holding volatile coins.
KuMining is a next-generation cloud mining platform launched jointly by KuCoin and global mining partners. It provides retail and institutional users with access to verifiable hashrate backed by top-tier facilities worldwide, and is integrated with KuCoin’s ecosystem for settlement and potential rewards through KCS.
