Cango Inc. has released an update on Bitcoin production and mining operations for July 2025, showcasing significant accomplishments in this sector.
Increase in Bitcoin Production in July
In July 2025, Cango Inc. produced 650.5 Bitcoins, representing a 45% increase from June's production of 450.0 Bitcoins. The average daily production rose from 15 to 20.99 Bitcoins.
Operational Efficiency and Hashrate Deployment
Cango reported a deployed hashrate of 50 EH/s, a result of an 18 EH/s increase at the end of June. The average operational hashrate throughout the month was 40.91 EH/s, indicating the company's strong operational efficiency.
Future of Cango Inc.
According to CEO Paul Yu, the company aims to build a more diversified and resilient portfolio, focusing on vertical integration and expanding mining infrastructure. Cango is also actively increasing its Bitcoin treasury from mining operations.
Cango Inc. is demonstrating significant successes in Bitcoin production and improving operational efficiency, creating positive outlooks for the company's future in the cryptocurrency sector.