Category: Mining
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China-based Bitcoin miner Cango expands to US amid rising output
[ad_1] Chinese Bitcoin miner Cango reported a sharp rise in production during the second quarter of 2025, even as higher expenses dragged the company into a deep net loss. In a Sept. 5 update, the firm disclosed that it mined 1,404.4 BTC between April and June, pushing its total production since launch to 3,879.2 BTC.…
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Will miners sell or pivot amid AI power land‑grab?
[ad_1] Bitcoin network difficulty reached 136.04 trillion on Sept. 4, while dollar hashprice slipped to about $52 per petahash per day this week. Per Hashrate Index, the last adjustment set a new high for difficulty, and the forward market now prices an average hashprice near $49.17 per PH per day for the next six months.…
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