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KuCoin Debuts KuPool: A Mining Pool for DOGE, LTC, and Soon BTC
Yahoo Finance· 2025-10-23 16:00
Core Insights - KuCoin has launched a new mining pool service called KuPool, supporting proof-of-work assets like Dogecoin, Litecoin, and soon Bitcoin, expanding its ecosystem [1][3] - KuPool emphasizes trust and security, utilizing a verifiable hash rate mechanism for real-time tracking of contributions and payouts, and incorporates low-latency technology and multi-layer encryption [2] - The long-term goal of KuPool is to promote a balanced global hash rate distribution, aiming for sustained growth, stable returns, and strong miner retention [3] KuCoin's Expansion and Global Reach - KuCoin has surpassed 40 million registered users globally and records over $11.6 billion in daily trading volume, listing more than 1,000 crypto tokens [4] - The company launched a $2 billion "Trust Project" earlier this year to enhance transparency and security in the crypto sector [4] - KuCoin Pay has partnered with SPAR supermarkets in Switzerland for everyday crypto payments and is expanding in Southeast Asia, joining Thailand's G-Token initiative and signing an MoU with Vietnam's Blockchain and Digital Assets Association [5] Integration of Services - KuPool aims to integrate mining, trading, and payment services into a comprehensive ecosystem, further extending KuCoin's influence in the crypto market [6]
X @Wu Blockchain
Wu Blockchain· 2025-09-03 10:13
Platform Overview - KuCoin launches KuMining, a cloud mining platform for Bitcoin (BTC) and Dogecoin (DOGE), with merged Litecoin (LTC) support [1] - KuMining aims to decentralize hashrate and empower individual users [1] Infrastructure and Capacity - The platform is backed by 300 MW to 2 GW infrastructure [1] - Initial Bitcoin (BTC) hashrate is 10 EH/s [1] - KuMining is adding thousands of water-cooled machines monthly to support capacity growth [1] Availability - KuMining will be available from September 16 [1]