Canaan : and BitFury has signed a bulk purchase order of mining machines

Canaan and BitFury has signed a bulk purchase order of mining machines

publish date 2021-01-31

Canaan has signed a purchase order for next-generation AvalonMiner A1246 with Leading global emerging technology firm BitFury. According to the agreement, Canaan will provide continued supply of tens of thousands of AvalonMiner machines to BitFury. As BitFury continues to grow its presence in the North American crypto mining market, the long-term partnership with Canaan will benefit the development of both companies.

BitFury, global veteran mining-industry giant

Established in 2011, BitFury Group is a global, sector-leading emerging technology company, focusing on cutting-edge technologies such as artificial intelligence, blockchain, Bitcoin and high-performance computing.

BitFury began as a research and development company that developed ASIC bitcoin mining machine chips. Today, it has evolved into a blockchain data services and transaction processing services company. With offices across San Francisco, Washington DC, Hong Kong, Amsterdam, and London, as well as data mining centres in Canada, Norway, Iceland, and the Republic of Georgia, BitFury has become an international leader in the industry.

Through the bulk purchase of Avalon A1246 miners, BitFury will further improve the output and performance of its mines.