Shifting from Bitmain-hosted operations
Cipher, Cango surge as MARA, CleanSpark slip in July hashrate
New board taps Antalpha executives to drive further hashrate expansion
Cements its role as Bitmain’s public mining proxy through Antalpha
Q1 fleet hashcost implies Bitmain's energy rate of $0.0758/kWh
Bitmain is poised to take its Bitcoin mining assets into the public market
Cango is currently the fourth largest public Bitcoin mining company
Cango mined 473 BTC with a realized hashrate of 29.56 EH/s
Cango mined 538 BTC in January with a realized hashrate of 29.89 EH/s
These companies collectively account for nearly 35% of global production
At least according to these data estimates
Bitmain found an S19XP bagholder?