SHANGHAI, Jan. 2, 2025
/PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company"),
a leading automotive transaction service platform in China, today announced its production update
for crypto mining business in December 2024.
Bitcoin Mining Update for December 2024
|
Metrics
|
Dec 2024
1
|
Nov 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
|
-
|
-
|
|
Deployed hashrate
2
|
32 EH/s
|
32 EH/s
|
|
Average operating
hashrate 3
|
30.4 EH/s
|
29.8 EH/s
|
1. Unaudited, estimated.
2. As of
month-end.
3. Average over the month.
About Cango Inc.
Cango Inc. (NYSE: CANG) is a leading automotive transaction
service platform in China,
connecting car buyers, dealers, financial institutions, and other
industry participants. Founded in 2010 by a group of pioneers in
China's automotive finance
industry, the Company is headquartered in Shanghai and has a nationwide network.
Leveraging its competitive advantages in technological innovation
and big data, Cango has established an automotive supply chain
ecosystem, and developed a matrix of products and services
centering on used car trading and exporting. By working with
platform participants, Cango endeavors to make car purchases simple
and enjoyable, and make itself customers' car purchase service
platform of choice. In recent years, Cango has diversified its
business operations and expanded its operation into other
industries, such as overseas crypto assets. For more
information, please visit: www.cangoonline.com.
Investor Relations Contact
Yihe Liu
Cango Inc.
Tel: +86 21 3183 5088 ext.5581
Email: ir@cangoonline.com
Helen Wu
Piacente Financial Communications
Tel: +86 10 6508 0677
Email: ir@cangoonline.com
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SOURCE Cango Inc.
