Cryptocurrency exchange KuCoin has introduced KuMining, a cloud mining platform designed to capture up to 10% of Dogecoin’s global hash rate over the next year. The service offers rental of mining power in increments from 100 GH/s to 10 TH/s, with pay-as-you-mine pricing and no hardware maintenance required.
KuMining integrates proprietary monitoring dashboards, providing real-time statistics on hash rate performance, network difficulty adjustments, and daily yield estimates. Users can stake KCS, KuCoin’s native token, for discounted rates and early access to new mining packages.
Institutional clients are offered dedicated mining pools with customizable payout schedules and white-label reporting. KuCoin CTO emphasized the platform’s modular infrastructure, allowing rapid scaling and migration across hosting facilities to optimize electricity costs and geographic distribution.
Industry analysts note that cloud mining democratizes access to hashrate, historically dominated by large-scale operators. KuCoin’s entry may spur competition among exchanges and specialized providers, potentially reshaping mining economics for popular altcoins like Dogecoin.
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