KuMining Reaches $25M in Sales After First Year Amid Expansion into Multiple Assets

KuMining, a cloud mining platform developed by KuCoin, has achieved significant growth in its first year of operation. The company reported over $25 million in sales volume and attracted more than 200,000 users.

The platform initially launched with Bitcoin mining and later expanded to five Proof-of-Work assets, including Zcash and Kaspa. To make mining more accessible, KuMining introduced Lite Mode, which matches user selections to corresponding hashrate, and Pro Mode, which provides direct control over hashrate purchases.

The platform's payment structure separates the cost of computing power from ongoing electricity expenses, with hashrate fees paid upfront and electricity costs deducted daily. Assets generated through mining can be traded or used within the KuCoin ecosystem.