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ETH $2,225.64 -2.69%
BNB $672.41 -0.92%
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TRX $0.3516 -0.58%
DOGE $0.1132 -2.43%
ADA $0.2616 -3.48%
BCH $426.72 -1.98%
LINK $10.08 -3.97%
HYPE $44.41 +0.07%
AAVE $92.95 -5.52%
SUI $1.09 -7.54%
XLM $0.1548 -4.76%
ZEC $518.02 -7.24%

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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