Cango: Bitcoin production in August reached 663.7 BTC, with total holdings at 5,193.4 BTC
ChainCatcher reported that Cango Inc. (NYSE: CANG) has announced its 2025 bitcoin production and mining operation data. In July, a total of 663.7 bitcoins were produced, with an average daily output of 21.41 bitcoins. The company's total bitcoin holdings have surpassed 5,000, reaching 5,193.4 bitcoins. Deployed hashrate has increased to 50 EH/s, with an average monthly operational hashrate of 43.74 EH/s.
Cango stated that it will continue to enhance mining machine efficiency through targeted measures to strengthen its core mining business. These measures include ongoing maintenance of existing mining machines to ensure stable operation, selectively upgrading older machines to new-generation models, and Cango's recent acquisition of a 50-megawatt bitcoin mining farm in Georgia, USA.
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