KuCoin Pool Celebrates 1st Anniversary with Its Hashrate Breaking New Record

VICTORIA, Seychelles--(BUSINESS WIRE)--KuCoin, a leading global cryptocurrency trading platform, will celebrate its 1st anniversary for its mining platform, KuCoin Pool, reaching a new all-time high of 6800P in hashrate.

KuCoin Pool is a high-performance mining pool product built by KuCoin, dedicated to providing quality mining services to crypto miners worldwide. Through one year of development, KuCoin Pool has become the world's top 10 largest Bitcoin mining pool with its comprehensive mining capacity.

KuCoin Mining Pool is favored by tens of thousands of miners from over 50 countries and regions with its high performance, high efficiency, and high returns. Furthermore, by continuously enriching its own product ecosystem and adhering to the concept of "Empowering Computing Power and Realizing Capital Appreciation", KuCoin Mining Pool has increased its computing power of KuCoin Pool by 500% in 2022 and continues to grow.

Johnny Lyu, the CEO of KuCoin, said: “Mining is critical to securing the blockchain. As the builder of the crypto world, KuCoin Pool provides global miners with an easy-to-use, more stable, and secure mining platform. In the future, launching mining derivatives and innovative products is our priority, which will bring more retail investors to crypto mining and accelerate the mass adoption of crypto.”

With the wish to celebrate its very first anniversary in a tremendous, fantastic way, KuCoin Pool has prepared generous prizes and surprises for users around the world. In addition to connecting to the KuCoin mining pool to enjoy 50% off on mining fees, users can obtain more anniversary prizes and gifts by completing various tasks!

About KuCoin

Launched in September 2017, KuCoin is a global cryptocurrency exchange with its operational headquarters in Seychelles. As a user-oriented platform focused on inclusiveness and community action reach, it offers over 700 digital assets. Currently, it provides spot trading, margin trading, P2P fiat trading, futures trading, staking, and lending to its 20 million users in 207 countries and regions.

In 2022, KuCoin raised over $150 million in investments through a pre-Series B round, bringing total investments to $170 million with Round A combined, at a total valuation of $10 billion. KuCoin is currently one of the top 5 crypto exchanges, according to CoinMarketCap. Forbes also named KuCoin as one of the Best Crypto Exchanges in 2021. Additionally, in 2022, The Ascent named KuCoin the Best Crypto App for enthusiasts.

To find out more, visit https://www.kucoin.com.