Hong Kong-based bitcoin mining company Cango has released its September 2025 Bitcoin production report, revealing a significant increase in hash rate and bitcoin reserves. The company’s operational efficiency […]
Cango Mines 616.6 Bitcoins in September Report
Cryptocurrency mining company Cango reported on its production and mining activity for September. In that month, the company mined 616.6 bitcoins, boosting their total holdings to 5,810 bitcoins.
Cango’s Bitcoin Mining Boom: 1,404 BTC Minted, Shifting Business Model
Cryptocurrency giant Cango has announced a stunning Q2 success story, fueled by its aggressive foray into Bitcoin mining. The company, known for its auto trading platform, saw a […]
Cango Generates $100 Million in Bitcoin After Shifting to Crypto Mining
Bitcoin mining company Cango has achieved significant revenue, generating nearly $100.5 million worth of Bitcoin within just two months since fully transitioning its operations to crypto mining. This […]
Cango Transforms into Global Bitcoin Miner after Restructuring Deal
Cango Inc. has finalized the sale of its Chinese operations for $351.94 million, marking a major shift in the company’s strategic focus. The transaction with Ursalpha Digital Limited […]
Cango Reports Decrease in Bitcoin Production for April
Bitcoin mining company Cango (NYSE: CANG) has published its production report for April, showing a decline in output. The company mined 470.0 Bitcoins in April, representing a 11.3% […]
Cango Ditches China Operations, Eyes Bitcoin Mining with $351 Million Deal
Shanghai-based Cango has finalized agreements to divest its operations in China for $351.9 million in cash, paving the way for a strategic shift into cryptocurrency mining. Ursalpha Digital […]
Cango Invests in Bitcoin Mining, Offloads Legacy Operations
Chinese conglomerate Cango has taken a major leap into the world of Bitcoin mining by selling its Chinese auto financing business and partnering with Bitmain. The move is […]
Cango Ditches Cars for Bitcoin: Chinese Platform Invests $352M in Mining
Chinese fintech firm Cango is making a bold move by selling its auto-financing business for a hefty $352 million to Bitmain, a company associated with Bitcoin mining. This […]