Cango Inc., a publicly traded company listed on the NYSE (NYSE: CANG), marked its one-year anniversary since transitioning to a robust Bitcoin mining operation. CEO Paul Yu reflected […]
Cango Inc. Celebrates Year of Bitcoin Mining Success, Sets Course for Expansion
On the one-year anniversary of its ambitious transformation into a leading Bitcoin mining operation, Cango Inc. (NYSE: CANG) released a shareholder letter detailing remarkable progress and future plans. […]
Illegal Cryptocurrency Mining Threatens Kuwait’s Energy Grid
Kuwait is taking action to combat illegal cryptocurrency mining, which has sparked concerns about potential strain on the country’s power supply. Authorities have launched a multi-pronged crackdown, investigating […]
Kuwait Tightens Control on Cryptocurrency Mining Amidst Power Crisis
Kuwait is facing a critical power shortage, prompting the government to implement stricter measures against cryptocurrency mining. The energy-intensive nature of crypto mining poses a significant threat to […]
U.S. Enters Trade Talks with 130 Nations to Address Deficits
The U.S. government is initiating reciprocal tariff discussions in an attempt to address a persistent trade deficit. This strategy involves adjustments to import duties based on actions taken […]