Crypto Gloom

Cango Inc. Announces December 2024 Production Update for Cryptocurrency Mining Business

shanghai, January 2, 2025 /PRNewswire/ — Cango Inc. (NYSE: CANG) (“Cango” or the “Company”) is a leading automotive trading services platform in the United States. chinaWe released a production update today. cryptocurrency mining business December 2024.

bitcoin Mining updates for: 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

Distributed Hashrate 2

32EH/sec

32EH/sec

Average operating hashrate 3

30.4EH/sec

29.8EH/sec

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

About Cango

Cango Inc. (NYSE: CANG) is a leading automotive trading services platform. chinaConnects car buyers, dealers, financial institutions and other industry participants. The company was founded by pioneers in 2010. chinese Automotive Finance Industry, the company’s headquarters are: shanghai And we have a nationwide network. Cango has leveraged the competitive advantages of technological innovation and big data to build an automotive supply chain ecosystem and develop a product and service matrix centered on used car trading and export. Through collaboration with platform participants, Kango strives to make car purchasing simple and enjoyable, and to become the car purchasing service platform of choice for customers. In recent years, Cango has diversified its business operations and expanded into other industries, including overseas. cryptocurrency asset. For more information, please visit www.cangoonline.com.

Investor Relations Contact

Liu Yihe
Cango Co., Ltd.
Phone: +86 21 3183 5088 extension 5581
Email: ir@cangoonline.com

Helen Wu
Fun financial communication
Phone: +86 10 6508 0677
Email: ir@cangoonline.com

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SOURCE Cango Inc.

Main image: Deposit photo @ yourg

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