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BCH $448.85 -1.23%
LINK $9.26 -2.17%
HYPE $41.47 -1.92%
AAVE $97.71 +1.30%
SUI $0.9301 -1.46%
XLM $0.1651 -3.30%
ZEC $353.61 -0.57%

Cango: In August, the Bitcoin production was 663.7 coins, with a total holding of 5193.4 coins

2025-09-03 18:20:52
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ChainCatcher news, Cango Inc. (NYSE: CANG) announced its Bitcoin production and mining operation data for 2025. In July, a total of 663.7 Bitcoins were produced; the average daily production was 21.41 Bitcoins. The company's total Bitcoin holdings exceeded 5,000, reaching 5,193.4 Bitcoins, with deployed computing power increasing to 50 EH/s and an average monthly operating power of 43.74 EH/s.

Cango stated that it will continue to enhance mining machine efficiency through targeted initiatives to strengthen its core mining business. These initiatives include: ongoing maintenance of existing mining machines to ensure stable operation; selectively upgrading older mining machines to new generation models; and Cango's recent acquisition of a 50-megawatt Bitcoin mining facility in Georgia, USA.

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