{"id":5621,"date":"2025-01-04T01:24:00","date_gmt":"2025-01-03T17:24:00","guid":{"rendered":"http:\/\/www.tocoin.com\/?p=5621"},"modified":"2025-01-04T14:06:50","modified_gmt":"2025-01-04T06:06:50","slug":"cango-enters-bitcoin-mining-and-may-become-one-of-the-worlds-largest-miners","status":"publish","type":"post","link":"http:\/\/tocoin.com\/index.php\/2025\/01\/04\/01\/24\/00\/5621\/","title":{"rendered":"Cango enters Bitcoin mining and may become one of the world&#8217;s largest miners"},"content":{"rendered":"\n<p>automotive trading service provider Cango entered the Bitcoin mining field in November, spending $400 million to obtain 50 EH\/s of computing power, immediately becoming one of the world&#8217;s largest miners. Bitcoin&#8217;s computing power is currently hovering around 823 EH\/s, and once Cango&#8217;s 50 EH\/s is fully online, it will provide about 6% of the computing power behind Bitcoin. For reference, the world&#8217;s largest listed miner, MARA Holdings (MARA), has slightly over 47 EH\/s of computing power, while the second-largest, CleanSpark (CLSK), and Riot Platforms (RIOT) have 32 EH\/s and 26 EH\/s, respectively.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>automotive trading service provider Cango entered the B [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[],"_links":{"self":[{"href":"http:\/\/tocoin.com\/index.php\/wp-json\/wp\/v2\/posts\/5621"}],"collection":[{"href":"http:\/\/tocoin.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/tocoin.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/tocoin.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/tocoin.com\/index.php\/wp-json\/wp\/v2\/comments?post=5621"}],"version-history":[{"count":1,"href":"http:\/\/tocoin.com\/index.php\/wp-json\/wp\/v2\/posts\/5621\/revisions"}],"predecessor-version":[{"id":5649,"href":"http:\/\/tocoin.com\/index.php\/wp-json\/wp\/v2\/posts\/5621\/revisions\/5649"}],"wp:attachment":[{"href":"http:\/\/tocoin.com\/index.php\/wp-json\/wp\/v2\/media?parent=5621"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/tocoin.com\/index.php\/wp-json\/wp\/v2\/categories?post=5621"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/tocoin.com\/index.php\/wp-json\/wp\/v2\/tags?post=5621"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}