Canaan Scores Major Win with 50,000+ Bitcoin Miner Order
Canaan Inc., a leading player in the ASIC high-performance computing sector, has scored a significant victory with a substantial order for its Avalon® A15 Pro bitcoin miners. This major deal, set for delivery in late 2025, is the largest single order the company has received in the past three years.
The U.S.-based bitcoin miner, who placed the order, will receive over 50,000 of Canaan's latest mining machines. This substantial purchase reflects the strength of Canaan's technology portfolio and the U.S. stock market's resurgence in cryptocurrency mining.
Canaan Inc., which went public on the Nasdaq Global Market in 2019, is renowned for its extensive experience in chip design and streamlined production in the ASIC field. The company aims to deliver machines that combine quality, performance, and strong return on investment. The Avalon A15 Pro mining machines, known for their industry-leading efficiency and reliability, will undoubtedly meet these criteria.
With this significant order, Canaan Inc. reaffirms its commitment to delivering high-quality mining infrastructure and supporting customers' growth with innovation, reliability, and trust. The company sees this as a significant win, not just for its bottom line, but also for its reputation in the U.S. stock market and beyond.
