Cango Inc. Announces August 2025 Bitcoin Production and Mining Operations Update
Cango Inc. (NYSE:CANG) reported strong Bitcoin mining performance for August 2025, producing 663.7 Bitcoins, up from 650.5 in July. The company's daily Bitcoin production averaged 21.41 BTC, with total Bitcoin holdings reaching 5,193.4.
The company maintained its 50 EH/s deployed hashrate, while average operating hashrate improved by 6.9% month-over-month to 43.74 EH/s. Cango recently acquired a 50 MW Bitcoin mining facility in Georgia, USA, and continues to focus on fleet efficiency improvements and long-term Bitcoin holding strategy.
Cango Inc. (NYSE:CANG) ha registrato una solida performance nel mining di Bitcoin ad agosto 2025, producendo 663,7 Bitcoin, rispetto ai 650,5 di luglio. La produzione giornaliera media 猫 stata di 21,41 BTC, mentre le riserve totali di Bitcoin hanno raggiunto 5.193,4.
L'azienda ha mantenuto un hashrate distribuito di 50 EH/s, mentre l'hashrate operativo medio 猫 migliorato del 6,9% su base mensile, arrivando a 43,74 EH/s. Cango ha recentemente acquisito una struttura per il mining di Bitcoin da 50 MW in Georgia, USA, e continua a concentrarsi sull'efficienza della flotta e su una strategia di detenzione a lungo termine dei Bitcoin.
Cango Inc. (NYSE:CANG) registr贸 un s贸lido desempe帽o en la miner铆a de Bitcoin en agosto de 2025, produciendo 663,7 Bitcoins, frente a 650,5 en julio. La producci贸n diaria media fue de 21,41 BTC, y las reservas totales de Bitcoin alcanzaron 5.193,4.
La compa帽铆a mantuvo una tasa de hash desplegada de 50 EH/s, mientras que la tasa de hash operativa media mejor贸 un 6,9% intermensual hasta 43,74 EH/s. Cango adquiri贸 recientemente una instalaci贸n de miner铆a de Bitcoin de 50 MW en Georgia, EE. UU., y sigue enfocada en mejorar la eficiencia de su flota y en una estrategia de tenencia de Bitcoin a largo plazo.
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Cango Inc. (NYSE:CANG) a affich茅 de solides performances en minage de Bitcoin en ao没t 2025, produisant 663,7 Bitcoins, contre 650,5 en juillet. La production quotidienne moyenne s'est 茅lev茅e 脿 21,41 BTC, et les avoirs totaux en Bitcoin ont atteint 5 193,4.
L'entreprise a maintenu un hashrate d茅ploy茅 de 50 EH/s, tandis que le hashrate op茅rationnel moyen s'est am茅lior茅 de 6,9% d'un mois sur l'autre, pour atteindre 43,74 EH/s. Cango a r茅cemment acquis une installation de minage de Bitcoin de 50 MW en G茅orgie, aux 脡tats-Unis, et continue de se concentrer sur l'am茅lioration de l'efficacit茅 de sa flotte et sur une strat茅gie de conservation des Bitcoins 脿 long terme.
Cango Inc. (NYSE:CANG) verzeichnete im August 2025 eine starke Bitcoin-Mining-Performance und produzierte 663,7 Bitcoins gegen眉ber 650,5 im Juli. Die durchschnittliche t盲gliche Bitcoin-Produktion lag bei 21,41 BTC, und die gesamten Bitcoin-Best盲nde beliefen sich auf 5.193,4.
Das Unternehmen hielt eine bereitgestellte Hashrate von 50 EH/s, w盲hrend die durchschnittliche operative Hashrate monats眉bergreifend um 6,9% auf 43,74 EH/s anstieg. Cango hat k眉rzlich eine 50 MW-Bitcoin-Mining-Anlage in Georgia, USA, erworben und konzentriert sich weiterhin auf Flotteneffizienzverbesserungen und eine langfristige Bitcoin-Halte-Strategie.
- Bitcoin production increased to 663.7 BTC in August from 650.5 BTC in July
- Average operating hashrate improved 6.9% month-over-month to 43.74 EH/s
- Total Bitcoin holdings surpassed 5,000 milestone, reaching 5,193.4 BTC
- Acquired new 50 MW Bitcoin mining facility in Georgia, USA
- Significant gap between deployed hashrate (50 EH/s) and average operating hashrate (43.74 EH/s) indicates operational inefficiency
Insights
Cango shows solid operational progress with 663.7 BTC mined, reaching 5,193 BTC holdings while improving hashrate efficiency by 6.9%.
Cango's August performance demonstrates steady operational improvement in their Bitcoin mining business. The company produced
What's particularly notable is that while their deployed hashrate remained constant at 50 EH/s, their average operating hashrate rose from 40.91 EH/s to 43.74 EH/s, representing a
The milestone of surpassing
The acquisition of a 50 MW mining facility in Georgia signals continued expansion efforts, while their emphasis on fleet efficiency improvements through maintenance and selective equipment upgrades shows a balanced approach to growth. Rather than solely expanding capacity, they're also focusing on maximizing returns from existing operations through optimization initiatives.
Bitcoin Mining Production and Mining Operations Update for August 2025
Metric | August 2025 1 | July 2025 1 |
Number of Bitcoin produced | 663.7 | 650.5 |
Average number of Bitcoin produced per day | 21.41 | 20.99 |
Total number of Bitcoin held 2 | 5,193.4 | 4,529.7 |
Deployed hashrate | 50 EH/s | 50 EH/s |
Average operating hashrate 3 | 43.74 EH/s | 聽40.91 EH/s |
1.听听听听听 Unaudited, estimated. |
2.听听听听听 As of month-end. |
3.听听听听听 Average over the month. |
Note: Cango holds Bitcoin for the long term and does not currently intend to sell any of its Bitcoin holdings. |
Paul Yu, CEO and Director of Cango, commented, "With our new 50 EH/s deployed capacity now fully operational since July, our average operating hashrate has increased by
About Cango Inc.
Cango Inc. (NYSE: CANG) is primarily engaged in the Bitcoin mining business, with operations strategically deployed across
Investor Relations Contact
Juliet YE, Head of Communications
Cango Inc.
Email: [email protected]
Christensen Advisory
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