KuCoin announces KuMining cloud mining

[OROBTC]

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They will have some 10 EH/s at the start (the plan is Sept. 16 start date) and will use water-cooled miners.  Also will offer mining for DOGE and LTC.  Other then that, not a whole lot of details.

https://cointelegraph.com/press-releases/kucoin-presents-kumining-embodying-simple-mining-smart-gains

If it looks like it might work out to be economical for users, I will join KuCoin as another exchange to buy & sell BTC.

[philipma1957]

...

They will have some 10 EH/s at the start (the plan is Sept. 16 start date) and will use water-cooled miners.  Also will offer mining for DOGE and LTC.  Other then that, not a whole lot of details.

https://cointelegraph.com/press-releases/kucoin-presents-kumining-embodying-simple-mining-smart-gains

If it looks like it might work out to be economical for users, I will join KuCoin as another exchange to buy & sell BTC.

they are banned for USA 🇺🇸

i used to use them and had to leave them.

[OROBTC]

...

Ah well, that's too bad we can't use them in the USA.  It looked like a good exchange.

[miner29]

Please read the rules here…this is not the place for cloud mining.  Which this is.  See your post link.  No cloud mining is legit.  None.

[bogdanb]

At first happy to see the subject but later I got upset when I got into the post. However, I don't understand why it was banned in the USA.

[JeromeTash]

Are there people who actually believe in this cloud mining bullshit?
What benefits does it have over just buying crypto and holding it? Or for those who want to go an extra mile, Buying crypto and staking it in a noncustodial wallet.

I would really like to hear from someone who has done cloud mining before and benefited from it. Maybe I am missing the picture.