KuCoin Launches New KuMining Cloud Mining: Earn BTC & DOGE Daily

KuCoin Launches New KuMining: Earn BTC & DOGE Daily with Flexible Plan

KuCoin Launches New KuMining System that allows users to mine Bitcoin (BTC) and Dogecoin (DOGE) with ease and flexibility, with fixed plans, daily payments, and transparent services.

The most popular exchange in the world has officially implemented the next stage of its cloud mining service, which enables users to mine Bitcoin and Dogecoin using convenient and open-ended plans. 

The platform will enable all people, both new to crypto and experienced investors, to access mining without expensive mine equipment.

Source: Official X 

KuCoin KuMining Launch Update: An Easy and Predictable Way to Earn BTC and DOGE.

KuMining facilitates long-term value creation as opposed to short-term speculation in a market characterized by volatility. The platform offers daily payouts to the miners, which is why it becomes much easier to accumulate BTC and DOGE reserves.

Each mining plan comes with:

• Daily settlements of the earnings are consistent.

• Installment payments of electricity, which lower lump sum payments.

• Elastic timeframes between 7 and 180 days.

• Multi-currency enables the user to diversify his or her earning activities.

• Under the ecosystem, the platform will position itself as a convenient, safe, and transparent service with these options.

Highlights of the latest update

• Several iterations and multi-currencies.

• Optimized pricing, which is a higher return, in the prevailing market conditions.

• A 7-day beginner experience program, which allows novices to experiment with actual cloud mine services with a small investment.

• This stage will further the aim of KuCoin of making mining accessible to all and not just to big institutions.

How to begin mining BTC or DOGE on KuCoin.

1. Register and pass through KYC/KYB on KuCoin.

2. Go to the Cloud Mining on the home page.

3. Choose the favorite coin (BTC or DOGE) and an agreement period.

4. Choose the amount of hash power to buy and pay your electric bills in advance.

5. Check your order--earnings will begin the following day and will be automatically deposited to your Funding Account.

6. There is no hardware configuration needed, and all the operations are handled automatically on the KuCoin platform.

Knowing Costs and Earnings.

The plan consists of two key fees:

1. Hash Power Fee - This is a fee paid in advance, which includes equipment rental.

2. Electricity Fee - It can be paid in installments to ensure that operations are carried out smoothly.

The yield calculated through a set of fixed yield formulas considers crypto prices, network difficulty, and hash power. The automatic distribution of daily earnings takes place at 16:00 UTC.

However, KuCoin indicates that initial fees are not refundable since they cover actual infrastructure and operating expenses. Failure to pay electricity bills can put a hold on rewards until the balance is paid.

The WrapUp

The wider objective is to make mining power a democratic process by which anyone, anywhere, can be part of the crypto economy. Integrating actual mine sites, professional activities, and open reporting, KuMining enables users to mine Bitcoin and DOGE without much hassle and without bearing the expensive setup expenses.