🚗💰 Chinese car dealer Cango has turned its steering wheel to Bitcoin mining! It made a rapid entrance into the sector by acquiring $256 million worth of 32 EH/s hashrate from Bitmain. Cango, which produced 363 BTC in November, accounts for 4% of the daily global BTC production. 🎉

- Cango securely houses its mining equipment in the US.

- Despite the ban in China, Chinese mining pools still control a large portion of the world's hashrate.

- Cango's new BTC operation has multiplied the company's revenues and sent its stock price soaring!

Share your thoughts on this strategic move in the comments! 📈