Crypto Exchange KuCoin Launches Mining Pool for Dogecoin, Litecoin and Soon Bitcoin
Crypto exchange KuCoin is rolling out a new mining pool service called KuPool, with support for assets like Dogecoin (DOGE), Litecoin (LTC) and eventually Bitcoin (BTC), the firm announced on Thursday.
KuPool will align the firm’s existing crypto exchange and its KuMining feature, offering users a secure mining service within the existing KuCoin’s ecosystem.
“As a new mining pool service under the KuCoin ecosystem, KuPool distinguishes itself from other mining pools through its trust-based verifiable hash rate mechanism and deep integration with KuCoin and KuMining,” a spokesperson for the firm told Decrypt.
“Specifically, KuPool positions ‘verifiable hash rate’ as the core trust asset, employing an…