A few days ago, I went to have coffee with my friend Lao Hu who works in the mining industry. As soon as I sat down, he shook me and said, 'Brother, do you know Cango?'? This company has undergone a year of transformation and is running faster than me in three years. ” I thought he had drunk too much, but he ended up sharing the data: Revenue of 225 million yuan and net profit of over 37 million yuan, directly turning red from losses. The computing power surged to 50 EH/s, and 1930 BTC were mined in the third quarter, 21 BTC per day. Am I saying this is too exaggerated? Lao Hu smiled and said, "Exaggerated? They installed all the T21/S21 new machines at once and also acquired a 50MW mine in Georgia, achieving an efficiency of 90%. ” In October, the computing power continued to rise to 46 EH/s, which is called professionalism. ” I was just about to praise him for his expertise, but Lao Hu added another blow: Even more ruthless in the future, they not only mine BTC, but also work together with AI to create a 'green energy distributed computing power network'. New energy pilot projects have been launched in Oman and Indonesia. It can be implemented within 1-2 years. ” I fell silent for a moment and said, 'Do you mean to redefine' transformation '?' Lao Hu nodded and said, "Yes, some companies undergo a transformation by changing their logo, while others undergo a transformation by changing their era. @ Cango'Group“