Search
Cango Acquires Georgia Bitcoin Mining Facility for $19.5 Million
11.8.2025
Cango Inc. has acquired a fully operational 50-megawatt (MW) bitcoin mining facility in Georgia, U.S., for $19.5 million. Cango Acquires 50 MW Bitcoin Mine The New York Stock Exchange-listed company (NYSE: CANG) announced the acquisition on Aug. 11, 2025. This marks Cango’s first step in increasing...
Cango posts ‘massive’ July Bitcoin haul, boosting corporate treasury
5.8.2025
Three months into its full Bitcoin mining pivot, Chinese company Cango mined 450 BTC in July
Cango posts ‘massive’ July Bitcoin haul, boosting corporate treasury
5.8.2025
Three months into its full Bitcoin mining pivot, Chinese company Cango mined 450 BTC in July
Cango posts ‘massive’ July Bitcoin haul, boosting corporate treasury
5.8.2025
Three months into its full Bitcoin mining pivot, Chinese company Cango mined 450 BTC in July
Cango posts ‘massive’ July Bitcoin haul, boosting corporate treasury
5.8.2025
Three months into its full Bitcoin mining pivot, Chinese company Cango mined 450 BTC in July
Cango posts ‘massive’ July Bitcoin haul, boosting corporate treasury
5.8.2025
Three months into its full Bitcoin mining pivot, Chinese company Cango mined 450 BTC in July
Cango posts ‘massive’ July Bitcoin haul, boosting corporate treasury
5.8.2025
Three months into its full Bitcoin mining pivot, Chinese company Cango mined 450 BTC in July
Cango posts ‘massive’ July Bitcoin haul, boosting corporate treasury
5.8.2025
Three months into its full Bitcoin mining pivot, Chinese company Cango mined 450 BTC in July
Cango posts ‘massive’ July Bitcoin haul, boosting corporate treasury
5.8.2025
Three months into its full Bitcoin mining pivot, Chinese company Cango mined 450 BTC in July
Is Cango a Bitmain Proxy? Here’s What I Found
27.7.2025
CANG just became the 4th largest public Bitcoin miner by hash rate. But after a recent leadership shakeup, is it now acting as a proxy for Bitmain? We break down the ownership changes, executive ties, and industry links to uncover what’s really going on. Cango Becomes Top-4 Public Bitcoin Miner...
Cango Finalizes 18 EH/s Mining Acquisition, Surpasses 50 EH/s as Antalpha Ties Deepen
28.6.2025
Cango has completed its previously announced acquisition of 18 EH/s of active bitcoin hashrate from Bitmain’s financial services affiliate, Antalpha, pushing its total installed hashrate to 50 EH/s. This article is from Theminermag, a trade publication for the cryptocurrency mining industry...
Cango produced over $100M of Bitcoin in two months since mining pivot
3.6.2025
Cango mined 954.5 BTC worth more than $100 million in April and May, following its full pivot to Bitcoin mining and sale of its legacy operations
Bitcoin Miners Sold Record Amount of BTC Ahead of May's Price Surge
21.5.2025
With hashprice hovering near break-even levels, miners liquidated 115% of April production
Cango sells legacy China business, goes all-in on Bitcoin mining: Report
3.4.2025
Cango, a publicly traded Chinese conglomerate, has agreed to sell its legacy China operations to an entity associated with peer Bitmain in a bid to go all-in on Bitcoin (BTC) mining, according to a report by The Miner Mag. Cango agreed to sell its legacy Chinese auto financing business...
Cango to Offload Chinese Assets for $352M, Eyes Bitcoin Mining Growth
3.4.2025
Cango Inc., the 14th-largest publicly listed bitcoin miner by market cap, has entered definitive agreements to sell its China-based operations to Ursalpha Digital Limited for $351.94 million, accelerating its focus on global bitcoin mining. Cango Sheds PRC Operations to Fuel Mining Ambitions...
Cango Inc. 50 EH/s Power Play: Is This the Next Big Name in Bitcoin Mining?
30.3.2025
Cango Inc. pivoted from automobile trading to Bitcoin mining and is now targeting 50 EH/s in early 2025. With a growing BTC treasury, Tencent as an institutional investor, and Bitmain links, is this the mining sector’s next dark horse? A Cango Deep Dive The following guest post comes from...
China’s Cango Inc. Now Holds $91M in Bitcoin
3.1.2025
Cango Inc., a China-based auto trading platform, has significantly boosted its Bitcoin mining operations, amassing a total of…
How Chinese Lending Firm Cango Became a Bitcoin Mining Powerhouse
3.1.2025
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
From Chinese Car Firm to Crypto: Cango Quietly Becomes a Bitcoin Mining Giant
18.12.2024
According to a report from Blockspace Media, there’s a new entity on the block that has quietly climbed to become the third-largest publicly listed mining firm in terms of hashrate. Stealth Hashrate: Cango’s Surprising Crypto Pivot There’s a publicly listed Chinese car company...