Canaan Inc. Supplies Avalon ASIC Kits for Bitfury's North American Upgrade
ByAinvest
Thursday, Aug 28, 2025 9:08 am ET1min read
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Canaan Inc. has supplied Avalon ASIC kits to Bitfury for its North American infrastructure upgrade, enhancing 10MW of existing Bitcoin mining capacity with improved performance and energy efficiency. The order reflects a joint R&D collaboration between the two companies, demonstrating their commitment to sustainable innovation and operational excellence. This marks a milestone in their strategic business relationship, with Canaan's latest ASIC technology integrated with Bitfury's infrastructure expertise and proven platform.
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