KuMining Expands Proof-of-Work Offerings with KAS Cloud Mining

KuMining, a cloud mining platform powered by KuCoin, has expanded its proof-of-work offerings to include KAS Cloud Mining. This new service allows users to access Kaspa hashrate through fixed-term cloud mining contracts.

The contracts have varying lengths, ranging from 7 to 360 days, and the mining output is distributed daily based on the amount of hashrate purchased and applicable product rules. KuMining operates using a pool-based model, eliminating the need for users to set up mining hardware or participate in solo mining.

KAS Cloud Mining also follows KuMining's 'mine first, pay electricity later' structure, where users are charged for hashrate upfront but settle electricity costs over time. This approach lowers the initial cash required for mining without reducing total costs.