Cango Inc. Achieves 12% Growth in Bitcoin Production | Crypto Work Pro
SHANGHAI, April 7, 2025 /PRNewswire/ — Cango Inc. (NYSE: CANG) (“Cango” or the “Company”), a quickly increasing chief in Bitcoin mining, introduced its manufacturing replace for its crypto mining business for March 2025, highlighting vital growth in Bitcoin manufacturing.
In March 2025, Cango produced a whole of 530.1 Bitcoins, representing a 12% increase in comparison with 472.7 Bitcoins produced in February 2025. The average quantity of Bitcoins produced per day additionally rose to 17.1, up from 16.9 in the earlier month.
As of the tip of March, Cango holds a whole of 2,474.8 Bitcoins, an increase from 1,944.7 Bitcoins on the finish of February. The Company’s deployed hashrate remained steady at 32 EH/s, whereas the average working hashrate improved to 30.3 EH/s, up from 29.7 EH/s in February.
“We are pleased to report these positive results as we continue to enhance our operations in the growing cryptocurrency market,” stated Mr. Jiayuan Lin, Chief Executive Officer of Cango. “Our commitment to optimizing our mining capabilities is reflected in our production figures, and we look forward to further growth in the coming months.”
Media Contact
Juliet Ye
Cango Inc.
Tel: +86 21 3183 5088 ext.5581
Email: ir@cangoonline.com
View unique content material:https://www.prnewswire.co.uk/news-releases/cango-inc-achieves-12-growth-in-bitcoin-production-for-march-2025-302421780.html
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