Cango, a publicly traded Chinese conglomerate, has agreed to sell its legacy China operations to an entity associated with peer Bitmain in a bid to go all-in on Bitcoin (BTC) mining, according to ...

“This strategic move aims to provide faster response times and more efficient services to the North American customers,” China-based Bitmain said in a Dec. 9 X post. Bitmain is a crypto mining ...

Turning to the ASIC market, bitcoin miner prices are down – a lot – and Bitmain could have a hand in the sluggish demand given how quickly it is releasing new versions of the S21. For a bit of ...

Cango Inc., a Chinese firm that formerly operated as a car loan financing company, has made a full pivot to Bitcoin mining, the company announced last week. Cango announced the sale of its car ...