Hong Kong-based Bitcoin mining company Cango released its Bitcoin Production and Mining Operations Report in September 2025. The company continues to increase its Bitcoin production capacity through its operational efficiency and global expansion strategy.
CANGO announced Bitcoin Mining Update: Reservations exceed 5,800 BTC
In his statement, Cango CEO Paul Yu highlighted the company’s operational success, saying:
“We are steadily making progress towards maximizing the potential of our capacity of 50 EH/s. This success was possible thanks to our global operations network and lightweight asset model,” he said.
Yu also said Cango is aiming to expand into high performance computing (HPC). The company announced that it is working on projects that have the potential to create long-term value in this new field.
Cango, which entered the cryptocurrency sector in November 2024, operates strategically located mining businesses in North America, the Middle East, South America and East Africa.
With advances in blockchain technology and global adoption of digital assets, CANGO has positioned its mining business at the heart of its diversified business portfolio.
The company aims to maintain this growth momentum in Bitcoin mining and steadily increase both its hashrate and asset value.
*This is not investment advice.
