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BTC $62,713.13 -1.27%
ETH $1,870.35 -0.82%
BNB $604.15 -0.84%
XRP $1.00 -0.20%
SOL $75.31 -0.93%
TRX $0.3323 -0.48%
DOGE $0.0693 -0.88%
ADA $0.1790 -2.02%
BCH $203.11 -5.10%
LINK $8.82 +0.54%
HYPE $56.11 -2.40%
AAVE $85.70 -2.65%
SUI $0.6764 -1.84%
XLM $0.1597 -0.29%
ZEC $485.82 -0.65%

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

2025-09-03 18:20:52

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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