Cryptocurrency mining equipment manufacturer Canaan has received orders for more than 17 thousand units of mining equipment in total.
Canaan Inc. According to the statement made by the company, Cipher Mining and Stronghold Digital Mining. More than 17 thousand Bitcoin mining devices Received an order for.
The duo of Cipher and Stronghold have an average hash rate of 150T/s, having reached an agreement at the end of last year in which Canaan’s share was 49% 16 thousand 700 units of A1466 model purchased the device.
A few days before this agreement, Stronghold ordered 1,100 A1346 model devices with an average hash rate of 123T/s. In addition, Stronghold has the option to purchase 2,500 more A1466s.
Canaan CEO Nangeng Zhang said: “as conditions improve and the next Bitcoin bull market approaches” He said that their sales through different channels started to increase.
Bitcoin miners will receive block rewards expected to occur in April 2024. will cut it in half They are preparing for the halving.