
Bitcoin.com News|Mar 30, 2025 04:32
Cango Inc. pivots from car trading to Bitcoin mining, aiming for 50 EH/s in 2025 🚗➡️⛏️ With Tencent backing and Bitmain ties, could this be mining's next dark horse?
- Cango already operates 32 EH/s, targeting 50 EH/s by early 2025
- Bitcoin mining now makes up 98% of its revenue
- A non-binding buyout offer with Bitmain links adds intrigue
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