BlockBeats reports that on January 3, according to an announcement from Cango Inc., the company's Bitcoin production reached 569.9 coins in December 2024, an increase of 56% from November's 363.9 coins. At the end of the month, Bitcoin holdings rose to 933.8 coins, with no Bitcoins sold during the period. The company's average hash rate reached 30.4 EH/s, with a month-on-month increase of 2%.
Previously reported, the car trading service platform Cango, headquartered in Shanghai, purchased mining machines from Bitmain for $256 million as part of its transformation into Bitcoin mining, and reported a production of 393 Bitcoins in November.
