Soperton, Georgia, August 8, 2025 — LN Compute Inc. (“LN Compute”) today announced the successful completion of the sale of its 50-megawatt (MW) air-cooled Bitcoin mining project to Cango Inc. (NYSE: CANG), marking an important milestone in LN Compute’s strategic development.
Since its commissioning, the 50MW air-cooled project has produced an average of over 57.35 Bitcoins per month, making it one of the largest air-cooled mining facilities in the Southeastern United States. With this sale completed, LN Compute will further focus on developing next-generation liquid cooling, immersion cooling, and high-performance data center projects, driving technological leadership in energy efficiency and sustainable computing power.
Eric, Chief Executive Officer of LN Compute Inc., stated:
“We are very pleased to have reached this transaction with Cango. This deal not only unlocks capital for LN Compute, but also enables us to concentrate more on next-generation high-performance data centers and clean energy-driven innovative projects. Looking ahead, we will continue to create long-term value for our customers and partners through the integration of technology and energy strategies.”
This transaction also signifies the establishment of a deeper cooperative relationship between LN Compute and Cango in the fields of Bitcoin mining and energy infrastructure. LN Compute will leverage its existing advantages to further advance the implementation of liquid cooling and high-performance computing (HPC) energy applications.
