2026-01-05 11:13:44

Bitcoin mining company Cango Inc. (NYSE: CANG) recently announced its mining results for December 2025.

The production figures are quite interesting — a total of 569 BTC were mined that month, which is slightly more than the 546.7 BTC in November. Breaking it down, the daily average production remained steady at 18.35 BTC, indicating good efficiency.

Even more noteworthy is the scale of holdings. As of the end of the month, Cango held 7,528.3 BTC, an increase of approximately 569 BTC compared to the previous month. This suggests they mostly hoarded the coins mined that month and didn't sell much, showing confidence in the market’s future.

In terms of hash rate deployment, the company’s total deployment reached 50 EH/s, with an average actual operating hash rate of 43.36 EH/s for the month. What does this number indicate? It means that in a complex mining environment, Cango can still maintain a relatively stable operational efficiency.

BTC-2,92%

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OldLeekConfession

· 01-05 11:43

HODLing without selling—that's the real confidence in the future market, more convincing than those who just talk about a rise.

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SchroedingerAirdrop

· 01-05 11:35

Sold it? Still holding? I really believe in it.

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GateUser-7b078580

· 01-05 11:31

The data shows that not everything is a good thing; 43.36 is 86% less than 50, and miners are taking too much. Although, is it all held and not sold? Let's wait for the historical lows.

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DAOdreamer

· 01-05 11:26

Cango's strategy of accumulating coins this time is indeed impressive; holding onto one without selling, it seems like a real gamble on what’s to come. --- 50EH of computing power running stably—that's the mark of a true professional. --- A monthly output of 569 coins, directly HODL all of them—mining companies are really starting to believe and recharge. --- This move is a bit greedy; why not move any coins now when the market is rising? --- With such high stability in computing power, it feels much more solid than players who are just trading coins. --- Holding 7528 BTC, are you really not afraid of any sudden emergencies?

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FunGibleTom

· 01-05 11:23

Cango, I have to say, this wave of coin hoarding is really intense. Holding onto 569 coins without selling shows true confidence in your own capacity.

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LiquidityWhisperer

· 01-05 11:16

Cango, that's a bold move. Holding onto all 569 coins without selling? Looks like he's really betting on the future market.

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AltcoinMarathoner

· 01-05 11:15

ngl, cango's accumulation strategy here is basically mile 20 of the marathon... they're not selling, just stacking. that's the real signal imo. 7.5k btc sitting in treasury while maintaining 43 eh/s? fundamentals don't lie.

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