Canaan delivers 2,000 mining rigs to Kazakhstan
Key Points:
Canaan manufactures Avalon ASIC miners and is one of the top Bitcoin miner manufacturers
They will start joint operations in Kazakhstan to operate the machines
The company currently operates 32,000 terahash per second (TH/s) of computing power and plans to operationalize 850,000 TH/s “in the near term,” according to the press release.
View full article By Eliza Gkritsi
This is another example of companies doubling down on expanding their mining operations
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