SINGAPORE, June 6, 2024 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), a leading high-performance computing solutions provider, today announced that it has signed a large purchase agreement (the "Agreement") with one of the Company's long-term partners, Cipher Mining Technologies Inc. (NASDAQ: CIFR) ("Cipher").
According to the Agreement, Cipher Mining has acquired 6,600 units of Canaan's latest product, the Avalon Miner A1566, which features advanced computing power and power efficiency. The initial order is expected to be delivered in the fourth quarter of 2024. In conjunction with the Agreement, Cipher also secured an option to purchase additional mining machines, which fulfill a total capacity of up to 160 megawatts. This option provides Cipher with the flexibility to scale their operations as needed.
"We are delighted to secure this additional order from our long-term partner, Cipher Mining," said Mr. Nangeng Zhang, Chairman and Chief Executive Officer of Canaan. "This order not only demonstrates the superior performance of our new A1566 mining machines, which are being recognized by our valued clients, but it also reflects the deep trust built from our past collaborations where we have consistently delivered reliable products and services. Going forward, we will remain focused on providing our clients with advanced products that cater to their evolving needs, supporting their growth and success in the post-halving era."
Tyler Page, CEO of Cipher Mining Inc., commented, "When Cipher needed to upgrade our most valuable data center at Odessa and plan for our new 300 MW data center in 2025, we turned to Canaan. Between hot environments and frequent curtailment, we demand a lot from our mining equipment, and Canaan has always helped us solve our toughest challenges."
About Cipher
Cipher is an emerging technology company focused on the development and operation of bitcoin mining data centers. Cipher is dedicated to expanding and strengthening the Bitcoin network's critical infrastructure. Together with its diversely talented team and strategic partnerships, Cipher aims to be a market leader in bitcoin mining growth and innovation.
新加坡，2024年6月6日 /PRNewswire/ — 領先的高性能計算解決方案提供商嘉楠科技（納斯達克股票代碼：CAN）（“嘉楠” 或 “公司”）今天宣佈，它已與公司的長期合作伙伴之一Cipher Mining Technologies Inc.（納斯達克股票代碼：CIFR）（“Cipher”）簽署了一項大型收購協議（“協議”）。
根據該協議，Cipher Mining已收購了6,600臺迦南的最新產品阿瓦隆礦機 A1566，該產品具有先進的計算能力和能效。初始訂單預計將於2024年第四季度交付。根據該協議，Cipher還獲得了購買額外採礦機的選擇權，這些採礦機的總容量高達160兆瓦。此選項爲 Cipher 提供了根據需要擴展操作的靈活性。
嘉楠董事長兼首席執行官張南庚表示：“我們很高興從我們的長期合作伙伴Cipher Mining那裏獲得這筆額外訂單。”“這筆訂單不僅表明了我們的新型 A1566 採礦機的卓越性能，得到了我們尊貴客戶的認可，而且還反映了我們在過去合作中建立的深厚信任，我們一直在合作中提供可靠的產品和服務。展望未來，我們將繼續專注於爲客戶提供先進的產品，以滿足他們不斷變化的需求，支持他們在後減半時代的增長和成功。”
Cipher Mining Inc. 首席執行官泰勒·佩奇評論說：“當Cipher需要升級我們在敖德薩最有價值的數據中心並計劃在2025年建造新的300兆瓦數據中心時，我們求助於迦南。在炎熱的環境和頻繁的採礦設備之間，我們對採礦設備的要求很高，而迦南一直在幫助我們解決最艱鉅的挑戰。”
關於 Cipher
Cipher 是一家新興科技公司，專注於比特幣採礦數據中心的開發和運營。Cipher 致力於擴展和加強比特幣網絡的關鍵基礎設施。憑藉其多才多藝的團隊和戰略合作伙伴關係，Cipher的目標是成爲比特幣採礦增長和創新的市場領導者。
