Geographic diversification in Bitcoin mining: How Cango Inc. balances risk and output
The post Geographic diversification in Bitcoin mining: How Cango Inc. balances risk and output appeared on BitcoinEthereumNews.com.
Bitcoin mining has moved on from being a small-scale operation to slowly becoming a global network, shaped by energy markets, regional regulations, and the unpredictable realities of local infrastructure. In this environment, no single site or country can guarantee stability, and as a result, companies that want to thrive must not only think outside the box but also create new ones. Cango Inc. has taken this challenge seriously. The company has never relied on one geography or one formula for success, but rather a deliberate strategy of geographic diversification, with mining sites across multiple continents. Each location plays a distinct role, contributing to a system that is resilient, adaptable, and ready to respond to the unexpected. By spreading its operations globally, Cango is not just increasing output; it’s managing risk. This strategic approach forms the backbone of the company’s long-term vision, creating a stable foundation for growth today and positioning it for future ventures into high-performance computing. Cango’s global mining network Cango operates more than 40 mining sites across the United States, East Africa, South America, and the Middle East. Each location is selected with purpose, taking into account local energy availability, infrastructure reliability, and regulatory conditions, reflecting a long-term strategy rather than opportunistic expansion. The numbers illustrate this approach. Within Cango’s network of sites, nearly half of its total hash rate is located outside the United States, reducing reliance on any single market. East Africa alone contributes just under one-third of the company’s total mining power at 26% hash rate, highlighting that non-U.S. sites play a central role in sustaining operations. Paraguay, while relatively smaller in scale at 6%, consistently exceeds expected performance, and Oman maintains reliable output at 11%, showing that smaller sites complement larger facilities to strengthen the network. By distributing its operations globally, Cango has built…
Filed under: News - @ October 27, 2025 2:30 pm