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Cango acquisition of 18 EH/s Bitcoin Computing Power, total Computing Power exceeds 50 EH/s
BlockBeats news, on June 27, Cango announced that it has completed the acquisition of 18 EH/s Bitcoin Computing Power from Bitmain affiliate Antalpha, bringing its total Computing Power to over 50 EH/s, making it the third listed mining company to reach this scale after MARA and CleanSpark. The transaction was completed through the issuance of approximately 146.7 million shares, and the equipment is already operational in the United States, with multiple sellers holding a total of 41.38%.