Seychelles-based cryptocurrency exchange KuCoin has officially unveiled its new mining pool service, KuPool, marking a significant expansion of its ecosystem. The platform initially supports proof-of-work (PoW) assets Dogecoin (DOGE) and Litecoin (LTC), with Bitcoin (BTC) mining expected to be added shortly. KuPool integrates with KuCoin's existing KuMining feature, aiming to provide a secure, transparent, and efficient mining experience for both professional miners and newcomers.
The service employs a verifiable hash rate mechanism, allowing miners to track their contributions and payouts in real time, ensuring fairness in reward distribution. Additionally, KuPool utilizes low-latency technology and multi-layer encryption to protect user assets, while maintaining global compliance standards. According to KuCoin, the long-term goal is to promote a more balanced global hash rate distribution, decentralize mining power, and achieve sustained hash rate growth, stable returns, and high miner retention.
KuCoin's announcement, made on October 23, 2025, highlighted that the exchange has over 40 million registered users worldwide and records daily trading volumes exceeding $11.6 billion. This launch is part of KuCoin's broader expansion, which includes initiatives like the $2 billion "Trust Project" for enhanced transparency and security, as well as partnerships such as with SPAR supermarkets in Switzerland for crypto payments and involvement in Thailand's G-Token initiative for tokenized bonds.