6 days ago
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- KuCoin’s cloud mining service launches at crypto’s most premier event, Token2049 in Singapore.
- The service will be showcased at the Exhibition for attendees at the event.
- KuMining announced more coins and innovative features to launch in future.
In a meeting of two crypto giants, KuCoin, one of the leading crypto exchanges globally, has officially launched the KuMining cloud service at crypto’s most premier annual event, Token2049, in Singapore. Attendees at the two-day event can visit the KuMining Exhibition booth to learn more about the service, converse with the team and discuss cloud mining and how it bridges the gap between retail investors and crypto’s core infrastructure.
“KuMining reflects KuCoin’s mission of advancing ‘crypto for good.’ At TOKEN2049, we reaffirm our commitment to building an inclusive Web3 by empowering individuals to participate in mining’s foundational role,” BC Wong, CEO of KuCoin, stated.
The platform offers seamless access to authentic, industrial-grade hashrate for Bitcoin (BTC) and Dogecoin (DOGE), complete with merged mining for Litecoin (LTC). Every contract is backed by audited machines in top-tier facilities, ensuring transparency and trust.
The KuMining team aim to capture the attention of thousands of crypto and blockchain enthusiasts at the event, giving them a chance to directly use the “next-generation of crypto mining”. The platform’s motto, “Simple Mining, Smart Gains,” represents the team’s vision of offering anyone an opportunity to earn through mining.
At the event, KuMining will present its mission to democratize industrial-scale mining, offering transparent, cost-effective, and verifiable hashrate access for retail and institutional users alike.
According to Jolie Du, COO of KuMining, the product will make mining accessible to everyone, minimize the risks of centralization and make it affordable to mine Bitcoin, Litecoin and Dogecoin.
“TOKEN2049 is the ideal venue to showcase KuMining’s vision,” said Jolie Du, COO of KuMining. “By returning hashrate to real users at fair costs, we enable a future where mining is no longer a privilege, but a shared opportunity.”
While Token2049 marks the official launch of KuMining, the cloud mining service went live on September 16. It kicked off with over 10 EH/s (equivalent to 10,000 PH/s or 10,000,000 TH/s) in real-time BTC hashrate and 200 TH/s for DOGE/LTC—capturing about 10% of the Dogecoin network – with the hashrate being sold out shortly after.
The partnership with Token2049 will provide KuMining the perfect opportunity to launch its product, demonstrating to thousands of crypto enthusiasts how crypto mining is evolving to simple, cost-effective ways.
For those not at the event, you can follow the event highlights of KuMining at Token2049 via KuMining’s social media channels using the hashtags #TOKEN2049 and #KuMining.
More Products To Launch In Future
In addition to launching KuMining, there is an expectation of more features to be launched during the event. Currently, scaling the platform is the goal for KuCoin in its quest to become the global benchmark for transparent, user-centric mining services and the world’s largest user mining retail services.
KuMining has announced the possibility of including expanded multi-coin mining options, integration of green energy solutions, and deeper synergy with the KuCoin ecosystem in the future.
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