Cango produced 496.35 BTC in January 2026 and sold 550.03 BTC, citing a shift to selective sales to fund platform expansion.
Cango published its Bitcoin production and mining operations update for January 2026, reporting that extreme cold and blizzards across key North American regions caused temporary downtime and reduced its average operating hashrate.
The company reported 496.35 BTC produced in January 2026, with an average of 16.01 BTC per day, compared with 569.0 BTC and 18.35 BTC per day in December 2025 (unaudited, estimated). It reported 50 EH/s deployed hashrate for both months, with an average operating hashrate of 37.02 EH/s in January versus 43.36 EH/s in December.
As of month-end, Cango reported 7,474.6 BTC held, down from 7,528.3 BTC at the end of December. It also reported 550.03 BTC sold in January, compared with 0 BTC sold in December.
In January, extreme cold and blizzards across key North American regions caused temporary operational downtime and reduced our average hash rate. However, favorable network difficulty adjustments partially offset these challenges, enabling us to mine nearly 500 BTC during the month,” said Paul Yu, CEO and Director at Cango.
“Starting this month, we will selectively sell a portion of newly mined Bitcoin to support the expansion of our inference platform and other near-term growth initiatives.”
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