KuCoin Launches KuPool Mining Service: Reshape the Industry with Transparent Operations

KuCoin has launched KuPool, a new mining pool service spearheaded by veteran Chris Zhu. This initiative marks a major expansion of the exchange’s ecosystem, focusing on Litecoin and Dogecoin mining while integrating its financial services into the mining industry. KuPool aims to redefine mining standards through transparent, compliant, and financially-backed operations, impacting global mining strategies. 50% of KuCoin’s user base is based in China, a region where miners are heavily regulated. This service promises fair global hash rate distribution, initially focused on Litecoin and Dogecoin but with plans for Bitcoin integration. Chris Zhu’s extensive experience, previously co-founding BTC.com and Poolin, will bring expertise to the project. KuPool seeks to enhance trust in the mining ecosystem through real-time miner contributions, auditable rewards, and compliance initiatives. These changes are likely to reshape how miners operate globally.