New Developments at Canaan Technology! Canaan U.S. Inc., a wholly-owned subsidiary of Canaan Technology, recently signed a procurement agreement with a new strategic customer in the United States to provide 2,800 air-cooled Avalon A15XP mining machines. These mining machines have a hash performance of 207 Terahash per second (TH/s) and are expected to be delivered in the first quarter of 2025.⏰

This collaboration signifies Canaan Technology's further expansion into the U.S. market and brings new expectations for the blockchain industry. While the market demand for mining machines is difficult to predict, this deal undoubtedly adds momentum to future cryptocurrency mining activities.🔍

Let’s wait and see how this batch of mining machines will impact the market landscape!