Chinese firm cango becomes top bitcoin miner with 32 eh s purchase

🇨🇳 JUST IN: NEW: Cango Inc, a Chinese NYSE-listed auto trading platform, has quietly transformed into a top Bitcoin miner.

The company purchased 32 EH/s of Antminer ASICs for $256M and plans to add another 18 EH/s, bringing its total hashrate to 50 EH/s, matching the largest US miner, MARA. 😮

@Cointelegraph