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KuMining Broadens Access to Proof-of-Work Infrastructure with KAS Cloud Mining

Business

KuMining Broadens Access to Proof-of-Work Infrastructure with KAS Cloud Mining
Business

Business

KuMining Broadens Access to Proof-of-Work Infrastructure with KAS Cloud Mining

2026-08-25 19:00 Last Updated At:19:15

PROVIDENCIALES, Turks and Caicos Islands, Aug. 25, 2026 /PRNewswire/ -- As Proof-of-Work mining becomes increasingly dependent on specialized hardware, energy resources and professional operations, direct participation remains out of reach for many individual users. KuMining, the cloud mining platform powered by global cryptocurrency exchange KuCoin, today announced the launch of KAS Cloud Mining, further expanding its multi-asset mining ecosystem and providing eligible users with a simpler way to access professional KAS mining infrastructure.

KAS is the native asset of Kaspa, a Proof-of-Work blockDAG network. As new KAS enters circulation through mining, access to hashrate allows users to participate in the network's block production and security process, offering an alternative to purchasing the asset directly on the secondary market.

With KAS mining now primarily reliant on specialized ASIC hardware, users would otherwise need to purchase and transport equipment, secure suitable power and hosting, configure mining pools, and manage ongoing maintenance. KuMining brings these operational requirements together in a streamlined cloud mining experience, creating an accessible path between buying KAS and operating a physical mining setup.

Eligible users can select contracts ranging from 7 to 360 days and receive variable daily KAS mining output based on their purchased hashrate and applicable product rules. The pool-based model provides a more continuous and observable experience than probability-based solo mining, while removing the need to own or operate mining equipment.

KAS Cloud Mining also adopts KuMining's "mine first, pay electricity later" model. Users pay the applicable hashrate fee upfront, while electricity charges are settled over time. This reduces initial cash requirements and provides greater cash-flow flexibility, without implying lower total mining costs.

"Mining should be accessible to anyone who wants to participate, not limited to those with the resources to purchase and operate specialized equipment," said Jolie Du, Chief Operating Officer of KuMining. "By introducing KAS Cloud Mining, we are giving more users a simpler path into professional Proof-of-Work mining while taking another step in the expansion of KuMining's multi-asset ecosystem. Our goal is to connect professional infrastructure with everyday users through a transparent and integrated experience."

Integrated with KuCoin, KuMining enables users to receive and manage mining output without navigating separate mining pools, wallets and exchanges. The launch further extends KuMining's Trade → Earn → Mine journey and reinforces its role as an accessible gateway to professional mining infrastructure.

KAS Cloud Mining is now available to eligible users here.

About KuMining

KuMining is a leading cloud mining platform developed by KuCoin, one of the world's top cryptocurrency exchanges. Dedicated to democratizing mining, KuMining offers secure, efficient hashrate services to users globally, backed by cutting-edge infrastructure and seamless integration with KuCoin's ecosystem.

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KuMining Broadens Access to Proof-of-Work Infrastructure with KAS Cloud Mining

KuMining Broadens Access to Proof-of-Work Infrastructure with KAS Cloud Mining

NEW YORK, Aug. 25, 2026 /PRNewswire/ -- CLO Virtual Fashion ("CLO"), the leading innovator in 3D garment design technologies, secured an agreement that concludes its U.S. patent infringement lawsuit against Zhejiang Lingdi Digital Technology Co., Ltd. (also known as Linctex), the company behind Style3D. The legal action, initiated in 2023, alleged that Linctex engaged in willful and unauthorized use of CLO's patented technology. The lawsuit sought damages and injunctive relief to halt infringement of three of CLO's patents in the U.S. As part of the resolution, Linctex has admitted that the accused Style3D Studio software infringes upon CLO's asserted patents (U.S. Patent Nos. 10,733,773, 11,410,355 and 11,222,448). In addition, Linctex has also admitted that CLO's asserted patents are valid and enforceable. Other terms of the settlement remain confidential.

For over 15 years, CLO has earned the trust of many industries - including fashion design, garment production, automotive, home goods, filmmaking, VFX and gaming among others - through a relentless commitment to research and development and a culture of innovation. To protect the company's ideas and inventions, CLO maintains a substantial portfolio of patents and intellectual property across the globe, including in the United States, Europe, South Korea, and China. CLO remains unwavering in its commitment to the protection of its proprietary technology and intellectual property.

"CLO has spent years and invested substantial resources and energy into developing groundbreaking solutions that have revolutionized numerous industries," said Simon Kim, CEO of CLO Virtual Fashion. "The protection of intellectual property is not just about our business; it's about maintaining the value of great ideas and fostering an environment of fair competition and innovation that benefits everyone. In this age of digitization, it is vital to safeguard the work of creators and inventors to ensure the healthy and sustainable growth of industry. This outcome demonstrates our commitment to that principle and to our user community."

Renowned for its user-centric development, CLO has empowered many industries to embrace 3D design. In 2024, the Company's commitment to research and innovation was recognized when Co-Founder Jaden Oh was presented with an Academy Award for contributions to filmmaking through the development of CLO's Marvelous Designer software. CLO is steadfast in continuously improving and innovating its products and services for its users and clients.

** This press release is distributed by PR Newswire through automated distribution system, for which the client assumes full responsibility. **

CLO Virtual Fashion Resolves Major US Patent Infringement Case, Secures Settlement Against Style3D

CLO Virtual Fashion Resolves Major US Patent Infringement Case, Secures Settlement Against Style3D

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