Foresight News reports that Cango, a New York Stock Exchange-listed automotive trading service platform headquartered in Shanghai, has acquired 32 EH/s of computing power from Bitmain for $256 million. Cango previously reported a Bitcoin mining output of 393 BTC in November. Cango's stock price rose from $3.41 in mid-November to $6.91 on Tuesday, with a market capitalization reaching $500 million.
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Cango Purchases $256 Million Mining Power from Bitmain, November Mining Output of 393 BTC
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