Cango


Finance

Cango Eyes Strengthening of Bitcoin Mining Operations, Entry Into AI HPC Market

The Chinese automotive transaction firm turned bitcoin miner Cango issued an update to its shareholders.

Cango reception (Credit: Cango)

Markets

Bitcoin Miners' Market Cap Hit a Record in September: JPMorgan

The average network hashrate rose 9% to an average of 1,031 EH/s last month, according to the bank.

Bitcoin mining machines (Shutterstock)

Markets

Bitcoin Miners Sold Record Amount of BTC Ahead of May's Price Surge

With hashprice hovering near break-even levels, miners liquidated 115% of April production.

bitcoin miner (Shutterstock)

Markets

How Chinese Lending Firm Cango Became a Bitcoin Mining Powerhouse

Cango purchased 50 EH/s worth of mining power towards the end of 2024, making it one of the biggest players in the bitcoin mining industry.

Cango reception (Credit: Cango)

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