This quarter, Cango took off directly!
Revenue surged to $225 million, a month-on-month increase of 60.6%, turning a profit with a net profit of $37.3 million... The core is summed up in two words: mining.
Global computing power reached 50 EH/s, and in the third quarter, over 1,930 units of $BTC were mined.
Cost control aspect: The cost per unit was reduced to $99,400, with efficiency pushed above 90%, tightly controlled, making competitors break out in a cold sweat!
Moreover, Cango is laying out an AI computing power network, leveraging the low-cost electricity and hardware advantages of mining farms to enter the GPU computing power market for small and medium-sized enterprises. Green energy projects in Oman and Indonesia have already been launched!
My feeling can be summed up in one sentence: Cango's transformation is not just a change of track, it's like opening a new chapter! The mining sector is stable, and AI computing power is also riding the wave. Can you imagine how wonderful this company’s future will be?
