🚀 Big news in Bitcoin mining! Cango, a Chinese auto loan firm, is shaking things up by diving into the Bitcoin mining scene with a whopping 50 EH/s of power! This unexpected move has catapulted Cango into the spotlight, with its stock soaring over 362% in 2024. 🎉
Cango's entry means they'll soon provide about 6% of Bitcoin's total computing power, rivaling industry giants like MARA and Riot Platforms. With machines spread globally, Cango is partnering with Bitmain for now but plans to go solo in the future. What do you think of this bold move? Share your thoughts below! 👇