Chinese Company Sheds Cars, Digs Digital Gold-You Won’t Believe Cango’s Bitcoin Binge! 🚗💰
Three very short, but eventful, months after waving a not-so-teary farewell to its beloved auto financing unit (who needs cars when you can chase their weight in digital gold?), Cango’s machinery is whirring day and night, producing more Bitcoin than an idle government printer churns out regulations. Word on the street (or at least from those clever Farside Investors folks) is that in July, Cango mined 650.5 Bitcoin. In case you’re not quick on your math-that’s 200.5 more digital nuggets than last month. Farside, in a dramatic display of tough love, bumped up Cango on its fancy miner dashboard and dropped Hut 8, presumably for failing to send postcards.





