KuCoin goes after 10% of Dogecoin mining capacity in big pivot

KuCoin cryptocurrency exchange plans to capture 10% of Dogecoin’s mining ￰0￱ firm hopes to launch the initiative through the new cloud mining platform, ￰1￱ will include mining facilities with 300 megawatts to 2 gigawatts of power resources to provide investors access to verifiable ￰2￱ crypto exchange will offer investors access to Bitcoin and ￰3￱ initiative will also offer investors access to Dogecoin, BTC, and ￰4￱ launches KuMining platform for Dogecoin mining What is KuMining? What's its relationship with KuCoin? KuMining is the official cloud mining platform of ￰5￱ purchase a contract, and you'll receive daily BTC or DOGE rewards directly in your KuCoin account. #KuMining #BTC #Dogecoin ￰6￱ — KuMining (@KuMiningCom) September 3, 2025 KuCoin is showing increased interest in the world’s largest memecoin by targeting 10% of its blockchain mining capacity through its new cloud mining platform, ￰7￱ platform will offer a hashrate of roughly 10 exahashes per second (EH/s) and approximately 200 terahashes per second (TH/s) for DOGE/LTC.

KuMining aims to become the fourth-largest Dogecoin mining firm by controlling 10% of the digital asset’s network mining ￰8￱ platform will follow F2Pool, ViaBTC, and AntPool. On-chain data shows that F2Pool leads with 1.04 GH/s, which accounts for more than 33% of Dogecoin’s known hash ￰9￱ follows with 792.90 TH/s and Antpool with 514 TH/s. KuCoin announced on Wednesday that it aims to use auditable data and transparent fulfillment to reduce institutional control on the ￰10￱ firm’s chief operating officer, Jolie Du, also acknowledged that KuCoin aims to equalize opportunities in virtual currency mining. “Users can rent genuine hashrate from professional facilities, with daily yields automatically credited, eliminating hardware acquisition, energy management, and maintenance complexities.” – Jolie Du , COO of ￰11￱ also highlighted that the platform’s approach will help investors seeking stable participation in DOGE ￰12￱ also revealed that the platform seeks to add new water-cooled mining rigs every month to ensure users benefit from expanding mining ￰13￱ will be able to purchase hashrate from KuMining beginning September ￰14￱ Wong, CEO of KuCoin, argued that KuMining’s incubation mirrors the firm’s efforts towards removing hashrate from intermediaries and bringing it back to retail investors at competitive ￰15￱ also believes the initiative will lead to a passive accumulation of assets through decentralizing mining power to ￰16￱ plans to acquire Dogehash Donald Trump Jr.-backed treasury crypto firm Thumzup announced plans to acquire Dogecoin mining firm Dogehash Technologies last month in an all-stock ￰17￱ platform revealed the initiative as part of its new direction into crypto ￰18￱ companies said in a joint statement that Dogehash shareholders will swap their holdings for a combined 30.7 million shares of Thumzup ￰19￱ miner Dogehash Technologies Holdings will also trade on the Nasdaq Stock Exchange under the ticker ￰20￱ initiative aims to offer competitive mining opportunities to miners within the Dogecoin ￰21￱ wrote in a release that it aims to become the world’s leading Dogecoin mining ￰22￱ company hopes to leverage Dogecoin Layer-2 infrastructure through staking in decentralized finance products within the DogeOS ecosystem to enhance mining ￰23￱ CEO Robert Steele argued that the firm sees opportunities to align DOGE’s fast, low-cost settlement layer to go beyond a mining ￰24￱ miners use mostly renewable electricity sources, with roughly 2,500 Scrypt ASIC mining rigs in operation in North America and plans to expand the fleet in the ￰25￱ previously reported by Cryptopolitan, the tech company had recently raised $50 million to expand its crypto-led corporate strategy by buying mining rigs and accumulating digital assets for its corporate ￰26￱ started as an ad-tech company that pays social media users to promote brands to their ￰27￱ firm later pivoted to a crypto-focused corporate strategy earlier this year with ￰28￱ $50 free to trade crypto when you sign up to Bybit now