Cango has completed its previously announced acquisition of 18 EH/s of active bitcoin hashrate from Bitmain’s financial services affiliate, Antalpha, pushing its total installed hashrate to 50 EH/s. This article is from Theminermag, a trade publication for the cryptocurrency mining industry, focusing on the latest news and research on institutional bitcoin mining companies. According to […]
Source link

Chain Articles > Blog > Bitcoin > Cango Finalizes 18 EH/s Mining Acquisition, Surpasses 50 EH/s as Antalpha Ties Deepen
Cango Finalizes 18 EH/s Mining Acquisition, Surpasses 50 EH/s as Antalpha Ties Deepen
posted on
You Might Also Like
Winklevoss and Armstrong Warn: Socialism Punishes the Poor the Most
Jack DaviesJune 28, 2025
In a stark rebuke of rising socialist sentiment in New York City, tech entrepreneur Tyler Winklevoss voiced his concerns over...
Bakkt Files $1 Billion Shelf Registration to Back Bitcoin Strategy
Jack DaviesJune 28, 2025
Digital asset platform Bakkt Holdings Inc. has filed a shelf registration with the U.S. Securities and Exchange Commission (SEC) to...
$1 Million Drained From Pepe NFT Projects in Coordinated Contract Hijack
Jack DaviesJune 28, 2025
A set of NFT collections tied to Matt Furie, the creator of the Pepe meme, and the ChainSaw studio have...
How The IMF Prevents Global Bitcoin Adoption (And Why They Do It)
Jack DaviesJune 28, 2025
The Global Pattern In recent years the IMF has: Successfully pressured El Salvador to (de facto) drop Bitcoin as legal...