HONG KONG, Sept. 2, 2025 /PRNewswire/ — Cango Inc. (NYSE: CANG) (“Cango” or the “Firm”) immediately printed its Bitcoin manufacturing and mining operations replace for August 2025.
Bitcoin Mining Manufacturing and Mining Operations Replace for August 2025
Metric
August 2025 1
July 2025 1
Variety of Bitcoin produced
663.7
650.5
Common variety of Bitcoin produced per day
21.41
20.99
Complete variety of Bitcoin held 2
5,193.4
4,529.7
Deployed hashrate
50 EH/s
50 EH/s
Common working hashrate 3
43.74 EH/s
40.91 EH/s
- Unaudited, estimated.
- As of month-end.
- Common over the month.
Observe: Cango holds Bitcoin for the long run and doesn’t at present intend to promote any of its Bitcoin holdings.
Paul Yu, CEO and Director of Cango, commented, “With our new 50 EH/s deployed capability now absolutely operational since July, our common working hashrate has elevated by 6.9% month-over-month. We’re additionally happy to share that we mined 663.7 Bitcoins this month, propelling our Bitcoin treasury previous the 5,000 milestone. This achievement powerfully validates our technique and strengthens our basis for sustainable development. In the meantime, we have now continued ramping up our core mining operations via focused initiatives to spice up fleet effectivity. This consists of diligent upkeep of our current fleet to make sure constant operations, selective upgrading of older miners to next-generation fashions, and our current acquisition of a 50 MW Bitcoin mining facility within the US state of Georgia. Wanting forward, we see vital potential to additional optimize our working effectivity and seize rising alternatives within the vitality and HPC sectors.”
About Cango Inc.
Cango Inc. (NYSE: CANG) is primarily engaged within the Bitcoin mining enterprise, with operations strategically deployed throughout North America, the Center East, South America, and East Africa. The Firm entered the crypto asset house in November 2024, pushed by developments in blockchain expertise, the rising adoption of digital property, and its dedication to diversifying its enterprise portfolio. In parallel, Cango continues to function a web-based worldwide used automobile export enterprise via AutoCango.com, making it simpler for world clients to entry high-quality car stock from China. For extra data, please go to: www.cangoonline.com.
Investor Relations Contact
Juliet YE, Head of Communications
Cango Inc.
E-mail: [email protected]
Christensen Advisory
Tel: +852 2117 0861
E-mail: [email protected]