Cango Inc. (NYSE: CANG) announced data on bitcoin production and mining operations in 2025. A total of 663.7 bitcoins were produced in July; the average daily output was 21.41. The company's total holdings of bitcoin exceeded 5,000, reaching 5,193.4, and the deployed computing power increased to 50 EH/s. The average monthly operating computing power was 43.74 EH/s.
Cango said it will continue to strengthen its core mining business through targeted initiatives to improve the efficiency of its mining machines. These include ongoing maintenance of existing mining machines to ensure stable operation; selective upgrades of older mining machines to next-generation models; and Cango's recent acquisition of a 50 trillion-watt bitcoin mining farm in Georgia.
Cango: In August, 663.7 bitcoins were produced, with a total holdings of 5193.4
2025-09-03 10:25:45
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