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0 0.00847457627118626 0 0.0169491525423727 0.0169491525423727 0.0254237288135592 0.0466101694915254 0.088728813559322
Stock impact report

Canaan Inc. Awarded Order from New Customer CleanSpark for Avalon A1566I Miners

Canaan Inc. - American Depositary Shares (CAN) 
Company Research Source: PR Newswire
Contributing to CleanSpark's Immersion Mining OperationsSINGAPORE, Nov. 1, 2024 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), a leading high-performance computing solutions provider, today announced that Canaan U.S. Inc., a wholly owned subsidiary of the Company, has entered into a purchase agreement with a new customer, CleanSpark Inc., for its Avalon A1566I miners.According to the purchase agreement, Canaan U.S. Inc. will provide CleanSpark with 3800 Avalon A1566I Immersion Cooling Miners. The miners, with average compute power of 249 Terahash per second (TH/s) without overclocking, are scheduled to be delivered in the fourth quarter of 2024. "We are thrilled that CleanSpark has chosen Canaan's high-performance mining solutions to advance their state-of-the-art immersion facilities. CleanSpark operates one of the industry's highest-performing and most power-efficient mining fleets, led by a skilled team committed to maximizing efficiency and pursuing strateg Show less Read more
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