Golden Finance reports that the automotive trading service provider Cango entered the Bitcoin mining field in November, investing $400 million to acquire 50 EH/s of computing power, immediately becoming one of the largest miners in the world. The current Bitcoin computing power hovers around 823 EH/s, and once Cango's 50 EH/s is fully operational, it will provide about 6% of the computing power behind Bitcoin. For reference, the largest publicly listed miner, MARA Holdings (MARA), has slightly over 47 EH/s of computing power, while the second largest, CleanSpark (CLSK), and Riot Platforms (RIOT) have 32 EH/s and 26 EH/s, respectively.