US-listed mining company Cango announced its third-quarter financial report. Quarterly revenue was $224.600 million, of which Bitcoin mining revenue accounted for $220.900 million; a total of 1930.8 BTC were mined in the third quarter, with an average of 21 BTC per day.

The average mining cost was $81,000.00/BTC, and the total cost was $99,400.00/BTC; the operating profit was $43.500 million, the net profit was $37.300 million, and the adjusted EBITDA was $80.100 million.

[Foresight News]

Cango Announces Third Quarter Financial Results: Quarterly Revenue of $224.6 million, Mining Output of 1930.8 BTC