Cango Inc. has published an update on its Bitcoin production and mining operations for July 2025, showcasing significant increases in both production and hash rate.
Overall Bitcoin Production Results
In July 2025, Cango Inc. produced 650.5 Bitcoins, a 45% increase from 450 Bitcoins in June 2025. The average number of Bitcoins produced per day was 20.99.
Increase in Hash Rate and Performance
Cango also increased its deployed hash rate to 50 EH/s, up from 32 EH/s in the previous month. The average operating hash rate for the month was 40.91 EH/s.
Company Strategy and Future
Cango's CEO, Paul Yu, noted that the company aims to further expand and diversify its portfolio. He emphasized that the new management team's experience will help lay the groundwork for vertical integration and building a resilient mining infrastructure.
Cango Inc. continues to demonstrate strong results in Bitcoin mining, reflecting not only production growth but also the company's strategic approach to diversifying its business operations.
