Canaan’s 4.5 MW Bitcoin Mining Deal Targets Japan’s Grid Stability

Canaan will deliver 4.5 megawatts (MW) of water cooled Bitcoin mining ASICs to a Japanese electrical engineering company for a grid stability pilot. The equipment will be Canaan’s Avalon A1566HA 488T units, built to support real time grid balancing and energy efficiency optimization. The Japanese partner was not named. The project is framed as an […]

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