This article was prepared using automated systems that process publicly available information. It may contain inaccuracies or omissions and is provided for informational purposes only. Nothing herein constitutes financial, investment, legal, or tax advice.
Chinese company Cango has significantly increased its Bitcoin mining output, producing 650.5 BTC in July. This marks a notable rise from June’s 450 BTC, showcasing the success of its strategic pivot to crypto mining.
- Cango mined 650.5 BTC in July, a 44.5% increase from June's 450 BTC.
- Farside Investors added Cango to its miner dashboard, replacing Hut 8 for transparency reasons.
- The company has mined 954.5 BTC in its first two months post-pivot (April-May).
📎 Related coverage from: cointelegraph.com
Related Tags: Bitcoin
Other Tags: Bitmain, Farside Investors, Hut 8