Canaan Inc., a prominent high-performance computing solutions provider, has announced a new partnership with CleanSpark Inc., involving a purchase agreement for 3800 Avalon A1566I miners. The announcement was made on November 1, 2024, and details the provision of Canaan's immersion cooling miners to CleanSpark, a company known for its efficient and high-performing mining operations. Canaan's Chairman and CEO, Nangeng Zhang, expressed enthusiasm for the collaboration, highlighting the shared commitment to advancing Bitcoin mining technology. The miners are expected to be delivered in Q4 2024 and boast an average compute power of 249 TH/s. Canaan, listed on NASDAQ under the ticker CAN, has been a pioneer in ASIC high-performance computing chip design since its establishment in 2013 and continues to support the North American mining community through strategic partnerships and product offerings.

Canaan Inc., a prominent high-performance computing solutions provider, has announced a new partnership with CleanSpark Inc., involving a purchase agreement for 3800 Avalon A1566I miners. The announcement was made on November 1, 2024, and details the provision of Canaan's immersion cooling miners to CleanSpark, a company known for its efficient and high-performing mining operations. Canaan's Chairman and CEO, Nangeng Zhang, expressed enthusiasm for the collaboration, highlighting the shared commitment to advancing Bitcoin mining technology. The miners are expected to be delivered in Q4 2024 and boast an average compute power of 249 TH/s. Canaan, listed on NASDAQ under the ticker CAN, has been a pioneer in ASIC high-performance computing chip design since its establishment in 2013 and continues to support the North American mining community through strategic partnerships and product offerings.