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Cango acquires 18 EH/s Bitcoin hash rate, total hash rate surpasses 50 EH/s
Summary: According to reports, Cango has announced the completion of the acquisition of 18 EH/s Bitcoin hash rate from Bitmain's affiliate Antalpha, pushing its total hash rate over 50 EH/s. This makes Cango the third publicly listed mining company to reach this scale after MARA and CleanSpark. The transaction was completed by issuing approximately 146.7 million ...
According to reports, Cango has announced the completion of the acquisition of 18 EH/s Bitcoin hash rate from Bitmain's affiliate Antalpha, pushing its total hash rate over 50 EH/s. This makes Cango the third publicly listed mining company to reach this scale after MARA and CleanSpark. The transaction was completed by issuing approximately 146.7 million shares, with the equipment already operational in the United States. Multiple sellers collectively hold 41.38% of the shares.
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Link: Cango acquires 18 EH/s Bitcoin hash rate, total hash rate surpasses 50 EH/s [Copy]
