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Canaan to Deploy 20 MW of Avalon Bitcoin Miners at Soluna’s Texas Site
2.10.2025
Canaan has signed a colocation agreement with Soluna to host 1 EH/s of its Avalon 15XP bitcoin miners as the manufacturer seeks to turn inventory surplus into proprietary mining expansion in North America. This article is from Theminermag, a trade publication for the cryptocurrency mining industry...
Cipher Mining Bolsters Operations With 16,700 Bitcoin Miners From Canaan
5.1.2024
The Nasdaq-traded mining company Cipher Mining unveiled plans to expand its Bear LLC and Chief Mountain LLC projects, revealing the acquisition of 2.5 exahash per second (EH/s) of Canaan-crafted application-specific integrated circuit (ASIC) bitcoin mining machines. The enterprise will procure...
Canaan Unveils Cutting-Edge Avalon 14 Series Bitcoin Miners
12.9.2023
At the “Avalon Bitcoin & Crypto Day” conference in Singapore, the bitcoin mining application-specific integrated circuit (ASIC) manufacturer Canaan showcased its new Avalon-made 14 series mining rigs. One of the mining machines, the A1466I, boasts an energy efficiency of fewer than...
Avalon Bitcoin Miner Maker Canaan Posts $13 Million Q3 Profit in New Filing
7.11.2019
Canaan, the world's second-largest bitcoin miner maker, has recorded $13 million in net profit for Q3 2019, following bitcoin price's bull run since April this year
Avalon Bitcoin Miner Maker Canaan Officially Files for $400 Million US IPO
28.10.2019
Avalon bitcoin miner maker Canaan Creative has just formally filed US IPO, after making profits of $XXX million in 2018 and $XXX million so far in 2019