KuCoin exchange is making a major push into mining with the launch of KuMining, a new platform aimed at capturing 10% of Dogecoin’s network capacity. The service will offer retail and institutional investors access to auditable hashrate backed by large-scale global mining facilities with power resources ranging from 300 megawatts to 2 gigawatts.
At launch, KuMining provides around 10 exahashes per second for Bitcoin and 200 terahashes per second for Dogecoin and Litecoin merged mining. This represents about 10% of Dogecoin’s total mining power, positioning KuMining as the fourth-largest Dogecoin miner after F2Pool, ViaBTC, and AntPool.
KuCoin said the initiative will “decentralize hashrate away from institutional control” while offering transparent, verifiable data. Jolie Du, COO of KuMining, emphasized the platform’s goal of equalizing mining opportunities for individuals and organizations. With Dogecoin’s popularity surging again, KuCoin’s move reflects rising competition to dominate mining infrastructure for major blockchain networks.
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