TechFlow News, May 8: U.S.-listed Bitcoin mining company Cango Inc. released its operational update for April 2026, stating that as of April 30, the company’s total operational hashrate stood at 31.58 EH/s, comprising 20.43 EH/s from in-house mining operations and 11.15 EH/s from leased hashrate. In April, the company mined 230.04 Bitcoins through in-house operations, with an average cash cost per Bitcoin of $68,061. As of the end of April, its Bitcoin holdings totaled 1,057.46 BTC. Cango noted that during April it continued phasing out older S19 miners at select international sites while procuring and deploying S21-series miners to improve energy efficiency and production efficiency. The company currently operates 26 active sites globally.
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