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Mining

Hong Kong-Based Bitcoin Mining Company Cango Releases September BTC Production Report! Here Are the Details

By admin
0 31

Hong Kong-Based Bitcoin Mining Company Cango Releases September BTC Production Report! Here Are the Details

Hong Kong-based Bitcoin mining company Cango has released its Bitcoin production and mining operations report for September 2025. The company continues to increase its Bitcoin production capacity through its operational efficiency and global expansion strategy.

Cango Announces September 2025 Bitcoin Mining Update: Reserves Exceed 5,800 BTC

Cango CEO Paul Yu emphasized the company’s operational success in his statement, saying, “This month, we increased our operational hash rate to 89.7% and increased our Bitcoin reserve to over 5,800 BTC.

“We are making steady progress toward unlocking the full potential of our 50 EH/s capacity. This success has been made possible thanks to our global operations network and lightweight asset model,” he said.

Yu also stated that Cango aims to expand into high-performance computing (HPC). The company announced that it is working on projects with long-term value-creating potential in this new field.

Cango, which entered the crypto asset sector in November 2024, operates strategically located mining operations in North America, the Middle East, South America, and East Africa.

With advancements in blockchain technology and the global adoption of digital assets, Cango has positioned mining operations at the core of the company’s diversified business portfolio.

The company aims to maintain this growth momentum in Bitcoin mining and steadily increase both its hash rate and asset value.

*This is not investment advice.

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