KuMining

KuMining Cloud Mining FAQ

Last updated: 02/27/2026

Contents list

I. Basic Understanding

1.1 What is KuMining Cloud Mining?

KuMining Cloud Mining is a way to mine cryptocurrencies without purchasing mining hardware or handling technical operations. Users only need to purchase a hashrate plan on KuMining to participate in BTC/DOGE mining using real mining machines. The system automatically distributes daily mining output to users’ mining accounts. Compared to traditional mining, cloud mining eliminates equipment procurement, electricity fee management, and hardware maintenance, making it suitable for users who want stable mining participation but lack technical knowledge or physical resources.
In short: No need to buy equipment, manage electricity fee, or maintain miners—you can still mine real crypto and receive actual mining output.

1.2 How is cloud mining different from buying your own miner?

Cloud mining does not require purchasing hardware, deploying a mining farm, or handling operational costs. The platform manages hashrate and operations. Users only need to purchase leased hashrate and pay the corresponding fees to participate.

1.3 Which cryptocurrencies are supported by KuMining?

Currently, BTC and DOGE mining are supported. Purchasing a DOGE hashrate plan also provides dual mining output of DOGE and LTC. The specific mining tokens are displayed on the product page.

1.4 Which payout models are used for mining output?

  • BTC uses FPPS
  • DOGE uses PPLNS, LTC uses PPS

1.5 What is the difference between cloud mining and spot buying?

Product Dimension Cloud Mining Features
Payment Method Hashrate fee is paid upfront; electricity fee is paid in installments. No need to invest the full amount at once, allowing small capital to secure future mining output.
Mining Output Continuous daily output helps users gradually accumulate crypto. Supports long-term, steady investment and reduces the cost per coin.
Cost Structure Costs consist of hashtrate fee + elec fee. Transparent rules, low entry threshold, lowers one-time purchase risk.
Potential Advantage If mining difficulty decreases or block rewards increase, cloud mining output may exceed the value of directly buying coins with the same investment.

II. Mining Account Activation & Management

2.1 What is a Mining Account?

A Mining Account is an independent asset account provided by KuCoin for cloud mining users, specifically used to:
  • Receive daily mining output
  • Deduct electricity fees
  • Pre-deposit and deduct electricity fees
  • Enable Hold-to-Earn functionality Mining assets are separate from other accounts, with clear and traceable records.

2.2 Why do I need to activate a Mining Account?

Activating a Mining Account provides clearer, more transparent, and controllable management of mining assets:
  • Separates mining output from trading assets for clearer accounting
  • Electricity fees are managed separately to avoid hidden deductions
  • One-stop view of output, electricity fees, and balances
  • Supports future financial services, collateralized lending, and other ecosystem functions

2.3 How to activate a mining account?

You can activate via any of the following:
  • Go to the [Mining Account] page and click “Activate Mining Account”
  • Complete the “Activate Mining Account” step in the [Mining Market] beginner guide
  • During the order process, check the agreement and click “Activate” as prompted
 You must read and agree to the mining account-related agreement before activation.
For more details, please refer to the KuMining Mining Account Guide.
 

III. Ordering & Hashrate Purchase

3.1 How to purchase cloud mining products?

Purchasing KuMining Cloud Mining involves these steps:
  • Register on KuCoin and complete KYC/KYB verification
  • Activate a mining account (used to receive output and manage electricity fee)
  • On the homepage, go to [KuMining] → [Market], select the token, and click “Place Order”
  • Choose an order mode:
    • Lite Mode: Enter your budget; the system automatically allocates hashrate and mining period. Suitable for beginners.
    • Pro Mode: Manually select hashrate and mining period. Suitable for advanced users.
  • Verify order details (hashrate and period), submit the order, and pay the hashrate fee
  • Pre-deposit electricity fee (USDT) to the Mining Account
Once the order is completed and mining starts, output will be automatically distributed daily to your Mining Account.
Note: For bulk purchases or institutional cooperation, contact KuMining BD via phil@kumining.com for 1:1 support.
  

3.2 What fees need to be paid when ordering?

Only the hashrate fee is required on order. Electricity fees are pre-deposited afterward and used during mining.

3.3 When does mining start after purchase?

Mining starts automatically once the order is completed and electricity fee is pre-deposited, according to the hashrate start conditions. Actual start time is shown on the order page.

3.4 Can cloud mining be purchased anytime?

Yes. KuMining Cloud Mining is continuously available, 24/7.

IV. Mining Costs & Payment

4.1 What are the cost components of cloud mining and when do I pay?

Costs consist of two parts:
  • Hashrate Fee: Paid upfront to cover mining resources, hashrate usage, and system maintenance. Determines your mining scale. Non-refundable. Formula: Total Hashrate Fee = Unit Hashrate Fee × Hashrate × Days
  • Electricity Fee: Mining consumes electricity continuously. Even after purchasing hashrate, daily electricity fee costs must be paid. Electricity fee varies by product due to miner power consumption and location. Formula: Total Electricity Fee = Unit Electricity Fee × Hashrate × Days

4.2 When to pay fees?

  • Hashrate Fee: Paid in full at order
  • Electricity Fee: Paid in advance via post-paid pre-deposit model. The platform deducts daily based on actual consumption. Flexible fund use.

4.3 Must electricity fee be pre-deposited immediately after ordering?

Yes. Mining output requires daily electricity fee deduction.
  • Lite Mode: Budget includes electricity fee. System auto-transfers USDT for electricity fee to mining account.
  • Pro Mode: Users must manually pre-deposit electricity fees. Pre-depositing sufficient USDT ensures smooth mining output.

4.4 Is initial investment refundable after a mining plan ends?

No. Fees paid during the plan are not principal but non-refundable mining costs for third-party miners, electricity, mining farms, and maintenance. Output is generated daily according to your hashrate share.

4.5 Why can’t mining plans be refunded after purchase?

Hashrate is immediately allocated from the real mining farm and put into operation. As mining consumes resources in real time and contributes to blocking rewards, orders cannot be reversed like ordinary products. This ensures fairness and transparency in output allocation.

V. Electricity Fee Mechanism

5.1 How does KuMining's electricity fees work?

Users pre-deposit USDT and the system deducts electricity fees daily based on actual consumption.
  • Deduction records and balance are viewable in the mining account
  • Electricity fee balance and available mining days are clearly displayed

5.2 How is electricity fee deducted?

Electricity fees are automatically deducted daily from your Mining Account to cover actual running costs. Insufficient balance may affect output. Keep sufficient USDT balance.

5.3 How to pre-deposit electricity fee?

  • Transfer USDT from another account to the Mining Account
  • Deposit USDT directly into the Mining Account

5.4 What happens if electricity fee balance is insufficient?

  • Daily output is temporarily frozen
  • System sends reminders to top up
  • Mining is not immediately stopped; a 7-day grace period applies

5.5 What is the 7-day grace period?

  • If electricity fee is topped up within 7 days, frozen output is released and future output continues
  • After 7 days (T+7), output corresponding to unpaid days is used to offset electricity fee owed

VI. Mining Output

6.1 What is mining output?

Mining output is the portion of block rewards distributed to users based on their hashrate share.

6.2 Do I need extra setup after ordering and pre-depositing electricity fees?

No. Mining starts automatically on the plan's start date. Daily output is distributed to the Mining Account. Payout time: T+1, before 24:00 UTC+8.

6.3 Are displayed output estimates equal to actual output?

No. Displayed output is an estimate based on static theoretical models:
  • Crypto prices remain unchanged
  • Network mining difficulty unchanged
  • Block reward rules unchanged
Actual output varies with price fluctuations, network difficulty, block reward changes, and sell timing.

6.4 What factors affect mining output?

  • Network difficulty
  • Block reward adjustments
  • On-chain activity and fees (gas)

6.5 Why does the USDT equivalent of mining output change?

Output is calculated by mined token amount. USDT value is affected by:
  • Token market price
  • Settlement market rate
  • Market liquidity
Even if token quantity is similar, USDT value may vary.

6.6 What is the “Mining Smart Index”?

The index shows mining cost relative to spot market price. Higher values indicate better mining cost advantage.

VII. Exclusive Benefits & Support

7.1 Are there VIP or KCS user-exclusive discounts on hashrate?

Yes. VIP and KCS holders may enjoy discounts and exclusive benefits. Actual discounts and rules are displayed on the order page.

7.2 Are bulk or institutional purchases supported?

Yes. KuMining provides tailored procurement and support, including:
  • Bulk hashrate purchase
  • Flexible procurement and settlement
  • Dedicated business support
For bulk or institutional needs, contact phil@kumining.com for 1:1 service.

7.3 How to contact KuMining official support?

VIII. Risks & Important Notices

8.1 Is cloud mining risky?

Yes. Cloud mining is not capital-protected or guaranteed. Output and USDT value may be affected by:
  • Market risk: price volatility
  • Mining difficulty risk: network hashrate changes may lower output efficiency
  • Sell timing risk: market price when selling affects USDT value

8.2 Does cloud mining guarantee profits?

No. Cloud mining provides hashrate service. Final output depends on actual mining and market conditions. USDT value depends on the time users sell the mined coins.

8.3 What should I pay attention to before participating?

  • Cloud mining is a hashrate service, not a financial product
  • Output and USDT value fluctuate
  • Hashrate fee and electricity fee are costs
  • Participate according to your risk tolerance