Headline: KuCoin Launches KuPool Mining Pool Led by BTC.com and Poolin Co-Founder Chris Zhu Translation: KuCoin Launches KuPool Mining Pool Led by BTC.com and Poolin Co-Founder Chris Zhu

The exchange KuCoin has launched the KuPool mining pool, led by Chris Zhu, co-founder of BTC.com and Poolin. This service currently supports Litecoin, Dogecoin, Bellscoin, Pepecoin, and Luckycoin, with Bitcoin support to be introduced later, as indicated in the press release.

KuPool is integrated with KuCoin’s cloud mining platform, KuMining.

«The introduction of KuPool enhances the KuCoin ecosystem by linking the exchange, KuMining, and the new pool. This transformation positions KuCoin as a hub for the production and distribution of hash power, rather than just a trading platform,» stated the exchange’s CEO, Bee C. Wong.

The integration of these three products creates a «closed loop» from cryptocurrency mining to asset management. The mining pool leverages KuCoin’s resources and security standards, which include multi-layer encryption and real-time monitoring.

«KuPool has inherited the technical and professional advantages of traditional mining pools while implementing a transparent and regulated operating model. We utilize KuCoin’s global ecosystem and our years of expertise to ensure stable returns for users,» noted Chris Zhu.

He has been involved in the mining industry for over a decade. Prior to KuPool, he played a role in launching the BTC.com and Poolin pools.

Previously, the creator of the S2F model and analyst PlanB pointed out that Bitcoin’s price drop below $108,000 does not signify the end of the bullish cycle. He remarked that fundamental indicators suggest continued growth.