Cango reports May 2026 hashrate of 31.67 EH/s
Cango Inc. announced its operational update for May 2026, reporting a total operational hashrate of 31.67 EH/s and monthly Bitcoin production of 237.59 BTC. Self-mining operations contributed 236.5 BTC, and the company's total Bitcoin holdings stood at 1,065.11 BTC as of May 31, 2026.
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Cango Inc. reported a total operational hashrate of 31.67 EH/s as of May 31, 2026, alongside a monthly Bitcoin production of 237.59 BTC. The company's self-mining operations contributed 236.5 BTC to the total output, while its Bitcoin holdings stood at 1,065.11 BTC at the end of May. Cango is a Bitcoin mining company leveraging global operations to develop an integrated energy and AI compute platform.
Operational Hashrate Composition
The company's hashrate was divided between self-mining and hashrate leasing. Self-mining accounted for 23.32 EH/s, while hashrate leasing contributed 8.35 EH/s, bringing the total to 31.67 EH/s.
| Category | Hashrate (EH/s) |
|---|---|
| Self-Mining | 23.32 |
| Hashrate Leasing | 8.35 |
| Total | 31.67 |
Bitcoin Production and Holdings
In May 2026, Cango's average daily Bitcoin production was 7.6 BTC. The majority of the production came from self-mining, with 236.5 BTC generated. Total Bitcoin holdings as of May 31, 2026, were 1,065.11 BTC.
| Metric | Value |
|---|---|
| Total Bitcoin Production | 237.59 BTC |
| Average Daily Production | 7.6 BTC |
| Self-Mining Production Output | 236.5 BTC |
| Total Bitcoin Holdings (as of May 31, 2026) | 1,065.11 BTC |
Cango's mining operations span across North America, the Middle East, South America, and East Africa. Since entering the digital asset space in November 2024, the company has activated pilot projects in integrated energy solutions and distributed AI computing.
How will the upcoming Bitcoin halving impact Cango's production economics given their current hashrate?
What is the projected timeline for scaling the pilot projects in distributed AI computing into revenue-generating operations?
How does the company plan to balance capital allocation between expanding self-mining capacity versus hashrate leasing?
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