PANews reported on September 17th that KuMining, a next-generation cloud mining platform launched jointly by KuCoin and leading global mining partners, sold out its first batch of hashrate contracts on launch day, totaling over 1EH/s of BTC and 20,000GH/s of DOGE, attracting 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. In an uncertain market environment, retail investors are flocking to easy-to-use, low-cost options to own BTC, and it also demonstrates KuMining's market insight of returning hashrate to retail investors.

By eliminating the need to purchase mining equipment, offering affordable mining shares, and supporting multiple currencies (BTC, DOGE, and the merged LTC), KuMining lowers the cost of participating in mining for retail investors, returning hashrate to them at competitive prices—starting at just tens of dollars—and decentralizing mining computing power. The next batch of hashrate will go live on September 23rd.