Chinese car dealer Cango Inc. has entered Bitcoin mining! 🚗💰 It has purchased 32 EH/s hashrate from Bitmain Technologies, making a $256 million investment. The company, which mined 363 BTC in November, has quickly become one of the major players in this field. Despite the bans in China, Cango's growth plans with its equipment hosted in the US are drawing attention. The company's move coincides with a period when BTC prices are rising.