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

KuMining, the cloud mining platform powered by global cryptocurrency exchange KuCoin, has added KAS mining to its platform, allowing eligible users to access Kaspa hashrate through fixed-term cloud mining contracts.

The new offering gives users a choice of contracts lasting between 7 to 360 days, with KAS mining output distributed daily based on the amount of hashrate purchased and the applicable product rules. KuMining operates the service through a pool-based model, removing the need for users to set up mining hardware or participate in probability-based solo mining.

The launch comes as KAS mining has shifted toward specialized ASIC equipment. For individuals looking to mine directly, that typically means acquiring and transporting machines, arranging electricity and hosting, connecting to mining pools, and maintaining the equipment over time. KuMining instead provides access to the underlying mining infrastructure through a cloud-based service.

KAS is the native asset of Kaspa, a Proof-of-Work network built on a blockDAG architecture. Mining is responsible for introducing new KAS into circulation while contributing to block production and network security. Access to hashrate therefore gives users a way to participate in this process directly, rather than gaining exposure solely by buying KAS on the secondary market.

… Continue reading the full article at the original source below.