Cango, a New York Stock Exchange-listed car trading service platform headquartered in Shanghai, has acquired 32 EH/s of computing power from Bitmain for $256 million. Cango previously reported a production of 393 BTC from Bitcoin mining in November. Cango's stock price rose from $3.41 in mid-November to $6.91 on Tuesday, with a market value of $500 million.
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Cango purchased $256 million in mining power from Bitmain, with a mining output of 393 BTC in November
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