Canaan Partners with CleanSpark to Supply 3,800 Avalon A1566i Miners, Each Delivering 249 TH/s, Expanding Operations in Tennessee

Nov 1, 2024, 03:52 PM

Canaan Inc. has announced a partnership with CleanSpark to enhance Bitcoin mining operations by supplying 3,800 Avalon A1566i miners, each capable of delivering 249 terahashes per second (TH/s). This collaboration aims to improve efficiency in CleanSpark's high-efficiency immersion mining operations. Additionally, CleanSpark has recently acquired Griid Infrastructure, which is expected to increase its Bitcoin mining capacity and expand operations in Tennessee. The partnership with Canaan marks a significant step in advancing Bitcoin mining innovation, as both companies seek to lead in the industry with cutting-edge technology.