Mining company Cango has recently achieved impressive mining results. This week, the weekly output reached 114.5 Bitcoins, reflecting its stable hash rate investment behind this number. More notably, the company's total Bitcoin holdings have risen to 7,642.8 coins.



In the current market environment, the production and holding data of mining companies often reflect the health of on-chain hash rate and the market confidence of major players. The movements of leading miners like Cango usually serve as a barometer for the market. Whether investors are optimistic about the future and want to increase holdings or are continuously optimizing mining yields, these data points are worth paying attention to. Especially during periods of BTC volatility, the choices made by mining companies often indicate certain market trends.
BTC0,14%
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