KuMining Launches Cloud Mining Service for Kaspa (KAS)

• KuMining has launched KAS Cloud Mining, giving eligible users access to Kaspa mining without operating physical ASIC hardware.
• The service offers KAS mining contracts ranging from seven to 360 days, with daily output based on purchased hashrate.

KuMining, the cloud mining platform developed by cryptocurrency exchange KuCoin, has launched KAS Cloud Mining, giving eligible users access to Kaspa mining without having to purchase or operate physical mining equipment.

Kaspa (KAS) uses a Proof-of-Work blockDAG network, where new KAS is issued through mining. With KAS mining increasingly dependent on specialized ASIC hardware, participating directly requires significant investment in equipment, electricity, hosting and maintenance.

KuMining’s new offering provides access to mining hashrate through cloud-based contracts. Eligible users can choose contracts lasting between seven and 360 days and receive variable daily KAS mining output based on their purchased hashrate and the applicable product terms.

Making KAS Mining More Accessible

The cloud mining model removes the need for users to purchase, transport and maintain mining hardware themselves. Instead, KuMining handles the operational side while users receive mining output based on their contracted hashrate.

The service uses a pool-based mining model rather than solo mining, providing users with a more consistent way to participate in KAS mining. However, mining returns can vary, and the service does not guarantee a specific level of output.

KAS Cloud Mining also uses KuMining’s “mine first, pay electricity later” model. Users pay the applicable hashrate fee upfront, while electricity charges are paid over time. KuMining said this structure can reduce the initial cash requirement, although it does not mean the overall cost of mining is lower.

Jolie Du, Chief Operating Officer of KuMining, said the launch is intended to make professional Proof-of-Work mining more accessible to users who may not have the resources to operate specialized equipment.

The service is integrated with KuCoin, allowing users to manage their mining output within the broader exchange ecosystem rather than using separate mining pools, wallets and exchanges.

The KAS launch expands KuMining’s existing multi-asset mining offering and adds another option for users looking to participate in Proof-of-Work mining through cloud-based infrastructure.