Cango Inc. On the efficiency of strong mining and the expansion of Bitcoin’s possessions amid the transformation of production in April

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Cango Inc. On the efficiency of strong mining and the expansion of Bitcoin's possessions amid the transformation of production in April

Shanghaiand May 7, 2025 / PRNEWSWIRE/ – Cango Inc. (NYSE: cang), Pioneer Bitcoin Mining Company, recently released April 2025 Update production for him Encryption Mining operations.

In April 2025, Cango took advantage of a total of 470.0 Bitcoins, a 11.3 % decrease compared to 530.1 Bitcoins. March 2025. Average daily Bitcoin Production was 15.7 in April, compared to 17.1 in March.

Despite the decrease in the month of the month Bitcoin Property, up to 2944.8 as of April 30, 2025A height of 2,474.8 at the end of March. The brightness of the deployed company remained consistent at 32 EH/S, while the average operation division was 29.9 EH/s, compared to 30.3 EH/S in March 2025.

“The production decrease in April is mainly due to a significant increase in global retail, which represents the second largest monthly registered monthly increase ever. Thus, mining difficulty increased by 8 % compared to March.” Giawan LinCEO CEO, “Despite this short -term volatility in the volume of production, we are still firmly committed Bitcoin Strategy contract. With our current value Bitcoin Property in 279 million dollarsWe are confident that our strategic initiatives and continuous operational improvements will continue to generate long -term value to our stakeholders. “

About Cango Inc.

Cango Inc. (NYSE: cangIn the first place, it works to lead Bitcoin Mining works. Cango has published the mining process across strategic sites north americaand The Middle Eastand south americaAnd East Africa. Kango expanded to Encryption The asset market in November 2024Patured by the development in Blockchain technology, and the increase in spread Encryption Assets and their endeavors to diversify their work. Meanwhile, Kango continued to operate the auto transactions service in China Since 2010, it aims to make the purchase of cars simple and enjoyable. For more information, please visit: www.cangonline.com.