KuCoin's cloud mining product, KuMining, sold out its first batch of hashrate within the day.

KuMining, a next-generation cloud mining platform launched by KuCoin and leading global mining partners, sold out its first batch of hashrate contracts on launch day, generating over 1 EH/s of BTC and 20,000 GH/s of DOGE. The contracts attracted over 20,000 buyers from nearly 200 regions worldwide. This achievement highlights the growing appeal of BTC amidst the growing demand for passive crypto income. Amidst uncertain markets, retail investors are flocking to easy-to-use, low-cost options for BTC ownership, demonstrating KuMining's market insight in bringing hashrate back to the hands of retail investors. By eliminating the need to purchase mining equipment, offering affordable mining shares, and supporting multiple cryptocurrencies (BTC, DOGE, and LTC), KuMining lowers the cost of participating in mining, bringing hashrate back to retail investors at competitive prices—starting at just tens of dollars—and decentralizing mining hashrate. Stay tuned for the world's largest retail mining portal; the next hashrate contract launch will take place on September 23rd.