KuCoin Launches KuMining Cloud Platform for Bitcoin and Dogecoin Mining
KuCoin’s KuMining platform successfully sold out its initial BTC and DOGE mining contracts, attracting over 20,000 buyers globally. A new batch will be released on September 23.
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Fact Check
The statement is directly and overwhelmingly confirmed by multiple sources, including official announcements from KuCoin's own website and various independent crypto news outlets. The evidence consistently states that KuCoin launched a cloud mining platform named 'KuMining' that supports both Bitcoin (BTC) and Dogecoin (DOGE).
Summary
KuCoin’s KuMining platform sold out its first batch of Bitcoin and Dogecoin mining contracts, totaling 1 EH/s in BTC and 20,000 GH/s in DOGE. Over 20,000 buyers from nearly 200 regions worldwide participated. The next batch of mining power will be released on September 23 to meet growing demand for passive crypto income opportunities.
Terms & Concepts
- Cloud Mining: A service that allows users to rent computing power from remote data centers to mine cryptocurrencies without managing hardware directly.
- Dogecoin: A cryptocurrency originally started as a meme, based on the Doge internet meme, known for its active community and low transaction costs.