Canaan, a China-based computer hardware manufacturer founded by Nangeng “NG” in 2013, announced that it owns 10,300 AvalonMiners as of December 31, and that it is collaborating with multiple Bitcoin mining companies in Kazakhstan to further expand its operations in Central Asian countries.
canaan, in the previous statement 32,000 terahash (TH/s) running computing power and “in the near term” 850,000 TH/sHe said he plans to make it operational.
Canaan also plans to expand its global presence as one of the world’s largest manufacturers of Bitcoin mining equipment. In line with this plan Cooperation with many mining companies based in Kazakhstan is performing.
Chairman and CEO of Canaan Nangeng Zhang He made the following statement on the subject:
“We are excited to use each of our strengths and resources to work hand in hand with mining firms to maximize profits and capitalize on the growth of the digital asset industry.”