Canaan (CAN) Wins Contract To Supply Crypto Mining Heat To Nordic District Heating Network

Bitcoin Magazine Editorial

(03:22 PM UTC)

1 min read

Canaan Inc. (NASDAQ: CAN), the Bitcoin mining equipment manufacturer, has secured a contract to provide heat-recovery computing infrastructure to a district heating network in the Nordic region, the company announced today.

The deal centers on Canaan’s Avalon A1566HA hydro-cooled mining units, which capture thermal output from Bitcoin mining operations and redirect it as hot water into…

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Bitcoin Magazine Editorial · Bitcoin Magazine

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