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If the entire hashrate of the mining pool would switch to Xelishash and the payouts were converted into this cryptocurrency, the entire pool would be worth several trillion in value within an hour. I did a little research and stumbled upon this by chance. I was actually looking for a suitable algorithm for cpuminer-multi on Android in conjunction with Userland (Linux OS for Android). What would happen to the entire crypto market where actually unimaginable. Let's discuss in the comments 💭
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Cango Finalizes 18 EH/s Mining Acquisition, Surpasses 50 EH/s as Antalpha Ties Deepen $BTC Cango has completed its previously announced acquisition of 18 EH/s of active bitcoin hashrate from Bitmain’s financial services affiliate, Antalpha, pushing its total installed hashrate to 50 EH/s. This latest transaction follows Cango’s 2024 acquisition of 32 EH/s of on-rack hashrate from Bitmain—a key step in its pivot away from auto finance and toward becoming a publicly traded mining proxy for Bitmain. With more than 50 EH/s now under management, Cango becomes the third publicly listed Bitcoin mining operator—after MARA and CleanSpark—to cross that milestone, underscoring its rapid emergence in the mining sector.
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