Canaan Expands North American Bitcoin Mining Operations, Secures Order From Hive

Canaan Inc., a publicly listed manufacturer of bitcoin (BTC) mining hardware and blockchain infrastructure provider, has shared plans to broaden its self-mining footprint in North America. Publicly Listed Bitcoin Miner Canaan Bolsters U.S. Presence The announcement published on Wednesday says Canaan (Nasdaq: CAN) aims to reach a computing capacity of 10 exahash per second (EH/s)…

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Inside Cleanspark’s Move to Boost Efficiency With 3,800 Immersion-Cooled Canaan Bitcoin Miners

Canaan Inc. announced a new agreement to deliver 3,800 Avalon A1566I miners to Cleanspark Inc., a publicly listed bitcoin mining and energy technology firm. A New Deal Between Canaan and Cleanspark According to the announcement, the bitcoin miners, set to run at 249 terahash per second (TH/s) without overclocking, are configured for immersion cooling—a technique…

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