Mining News

Bitcoin mining at Cango surges 57% in December, holdings jump to record high of 934 BTC

Shanghai, January 2, 2025 /PRNewswire/ — Cangoo, Inc. (NYSE: CANG) (“Cangoo” or the “Company”), a leading automotive transaction services platform in Chinatoday announced the update of its production of encryption Mining work in December 2024

Bitcoin Mining update December 2024

Metrics

December 2024 1

November 2024 1

Number of bitcoins produced

569.9

363.9

Average number of Bitcoins produced per day

18.4

18.9

Total number of bitcoins held 2

933.8

363.9

Total number of Bitcoins sold 2

Published hash rate 2

32 eh/s

32 eh/s

Average operational hash rate 3

30.4 xh/s

29.8 Ih/s

1. Unaudited, estimated.
2. As of the end of the month.
3. Average over the month.

About Kangoo Company

Cango Inc. (NYSE: CANG) is a leading automotive transaction services company ChinaConnecting car buyers, dealers, financial institutions and other industry participants. It was founded in 2010 by a group of pioneers in China Auto financing industry, the company’s headquarters are located in Shanghai It has a national network. Leveraging its competitive advantages in technological innovation and big data, Cango has created an automotive supply chain ecosystem and developed an array of products and services focused on used car trading and export. Working with platform participants, Cango seeks to make the car buying process simple and enjoyable, positioning itself as the car buying service platform of choice for customers. In recent years, Kangoo has diversified its business operations and expanded its operations to other industries, such as overseas encryption Origins. For more information, please visit: www.cangoonline.com.

Contact investor relations

Yihe Liu
Kangoo Company
Tel: +86 21 3183 5088 ext 5581
Email: ir@cangoonline.com

Helen Wu
Piacenti Financial Communications
Tel: +86 10 6508 0677
Email: ir@cangoonline.com

View original content:https://www.prnewswire.com/news-releases/cango-inc-anounces-december-2024-production-update-for-crypto-mining-business-302341195.html

Source: Kangoo Corporation

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