Cango mined a total of 650.5 BTC in July; after the halving, mining companies reached a new high in computing power/revenue ratio.

Bitcoin mining companies showed strong growth in July 2025, highlighting that computing power expansion and energy optimization strategies have become the profit-making abilities of miners. (Background: Mining company BTC Digital shifts to Ethereum: close all positions in BTC to buy ETH, betting on DeFi rewards) (Supplementary background: The largest Bitcoin miner dreams of collaborating with the South American agricultural company Adecoagro to introduce renewable energy mining) In July 2025, the Bitcoin mining industry delivered impressive monthly reports. Mining companies like Cango, CleanSpark, and Marathon not only increased their production capacity but also raised their holdings, injecting new momentum into an industry facing a rewards 50% slump. Capacity growth against the trend after halving According to data released by Cango on August 5, July produced 650.5 Bitcoins, a 45% growth compared to June. The current deployed computing power reached 50 EH/s, and holdings increased to 4,529.7 coins. CEO Paul Yu pointed out that the additional 18 EH/s of computing power added at the end of June contributed significantly to the increase in output, and we will continue to maintain strong operational efficiency and future growth. Established mining companies are also expanding. According to CleanSpark's monthly report, 671 BTC were mined in July, and holdings increased to 12,703 BTC; Marathon maintains its position as the largest publicly listed mining company with a market capitalization of over $6.2 billion. The overall network hashrate is approximately 899 EH/s, a monthly increase of 4%, while mining difficulty rose by 9%. Cash flow and energy strategies are key to success According to a report by CoinDesk citing JPMorgan, in July, Bitcoin mining averaged daily earnings of $57,400 per EH, reaching a new high after halving. Mining companies also strengthened their financial flexibility through strategic coin sales: CleanSpark sold 575.97 BTC, obtaining $64.7 million in cash; Riot sold 475 BTC, bringing in $54.8 million. Additionally, CleanSpark adjusted electricity usage due to regional heat waves, while Riot leveraged a $13.9 million electricity credit to reduce costs and reserved land for expanding computing power, indicating that the mining computing power competition is still ongoing. Mining expansion into unfamiliar territories Faced with external variables such as interest rates, inflation, and environmental regulations, mining companies must combine economies of scale with low-cost energy to maintain competitiveness, and third-world countries or countries without a mining industry in the past have already begun to consider this. For example, Cango plans to establish mining farms in multiple locations across North America, the Middle East, South America, and East Africa, while smaller unlisted mining companies are also following the 'Jamaica policy' of small countries to transition into scaled mining, sharing profits from national-level mining. This reflects the mining industry moving towards globalization and diversified energy allocation. Of course, AI computing power is also an alternative source of profit for the mining industry. Related reports Your computer is helping hackers mine Bitcoin! 3,500 websites have been implanted with 'mining scripts', invisibly hijacking users without them noticing. PTT posts asking for help: 'Family bought a virtual mining machine': Is investing 100,000 in mining and receiving 500 daily a scam? Tether's investment empire holds 120 companies: Involved in Bitcoin mining, AI, Taiwan's XREX, and Juventus Football Club. <Cango mined a total of 650.5 BTC in July; mining companies' computing power/income ratio reached a new high after halving> This article was first published in BlockTempo, the most influential blockchain news media.