KuCoin targets 10% of Dogecoin mining capacity via new mining platform

KuCoin’s new cloud-mining platform is aiming to control 10% of Dogecoin mining capacity, while offering investors new opportunities to invest in hashrate.

KuCoin cryptocurrency exchange is aiming to capture 10% of the blockchain mining capacity behind the world’s largest memecoin, the Dogecoin network, through the launch of a new cloud mining platform.

KuCoin exchange is launching a platform that offers retail and institutional investors access to verifiable hashrate backed by global mining facilities with 300 megawatts (MW) to 2 gigawatts (GW) of power resources.

The new platform, KuMining, will offer investors access to Bitcoin (BTC) and Dogecoin (DOGE) hashrate and merged mining for Litecoin (LTC).

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