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Cango Smashes 50 EH/s Barrier with 18 EH/s Mining Mega-Deal as Antalpha Alliance Intensifies
Cango Smashes 50 EH/s Barrier with 18 EH/s Mining Mega-Deal as Antalpha Alliance Intensifies
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Cango just plugged into the big leagues—grabbing 18 EH/s of mining capacity in one fell swoop. That vaults them past 50 EH/s total hash rate, a flex that’ll make rivals sweat. Antalpha’s fingerprints are all over this power move—tightening their grip on Cango’s operations like a VC with a vendetta.
Mining arms race? More like a checkbook battle. While retail miners scrape by on fumes, the big players are playing Monopoly with real hash power. And guess what? The board’s getting smaller.
One question lingers: When the music stops, who’s left without a rig? (Spoiler: It’s never the guys in suits.)
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