Cango Inc. Unveils January 2026 Bitcoin Mining Production Update

Cango Inc. (NYSE: CANG), a prominent player in the Bitcoin mining landscape, has recently shared its operational production update for January 2026. This report highlights the company’s performance metrics amidst various environmental challenges and its strategies to adapt and thrive in the evolving cryptocurrency market.

Production Metrics Overview

The data for January 2026 indicates a production of 496.35 Bitcoins, showing a noticeable decrease from 569 Bitcoins in December 2025. The average daily production also declined, dropping to 16.01 Bitcoins from 18.35 Bitcoins the previous month. At the end of January, Cango held a total of 7,474.6 Bitcoins, down from 7,528.3 Bitcoins in December. A significant move during this period was the sale of 550.03 Bitcoins, an increase from zero sales in December.

Hash Rate and Operational Challenges

In terms of operational capacity, Cango maintained a hashing rate of 50 EH/s. However, the average operational hash rate fell to 37.02 EH/s, down from 43.36 EH/s in December. CEO Paul Yu explained that this operational slowdown stemmed from extreme cold weather and snowstorms affecting key areas in North America, which hindered their mining capabilities. He highlighted that these weather conditions posed substantial challenges, impacting overall operations.

Despite these difficulties, favorable adjustments in network difficulty partially mitigated the impact, allowing Cango to mine nearly 500 BTC during the month. Yu stated, "We faced significant operational interruptions due to the harsh winter, yet we successfully adapted our strategies to continue operations and minimize losses."

Strategic Business Moves

Going forward, Cango plans to selectively sell a portion of the newly mined Bitcoins to facilitate the expansion of its inference platform and support other growth initiatives. This tactical flexibility is oriented towards capitalizing on new business opportunities while maintaining liquidity. The adaptive approach signifies the company's commitment to navigating the ever-changing cryptocurrency landscape effectively.

About Cango Inc.

Founded with a vision to establish an integrated global infrastructure platform, Cango Inc. is not just a Bitcoin miner, but also a pioneer in developing streamlined operations that encompass energy solutions and artificial intelligence computing. With a footprint across more than 40 sites globally, including North America, the Middle East, South America, and East Africa, Cango is making strides to enhance its presence in the digital economy.

Since entering the digital asset sector in November 2024, Cango has initiated several pilot projects focusing on integrated energy solutions and distributed AI computing. Additionally, the company continues to operate a successful international business for the online export of used vehicles via AutoCango.com, further diversifying its operational scope.

For more information on Cango Inc. and its operations, visit www.cangoonline.com.