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BTC $64,100.26 -1.03%
ETH $1,862.29 -1.22%
BNB $561.11 -0.92%
XRP $1.09 -1.78%
SOL $74.05 -2.61%
TRX $0.3301 +1.14%
DOGE $0.0690 -0.52%
ADA $0.1642 -3.23%
BCH $210.00 -1.18%
LINK $8.36 -1.24%
HYPE $58.84 -0.50%
AAVE $94.90 -0.62%
SUI $0.7168 -3.88%
XLM $0.1777 -2.31%
ZEC $494.56 -3.50%

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

2025-09-03 18:20:52
Collection

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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