Canaan Scoops Bitcoin Mining Machine Order From Mawson

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  • High-performance computing solutions provider Canaan Inc CAN won a purchase order for 17,352 bitcoin mining machines with an aggregate operating hash power of 1.5EH from Mawson Infrastructure Group Inc MIGI.
  • Canaan will deliver the latest generations of Avalon A1166 and A1246 bitcoin mining machines to Mawson's operations in the U.S. and Australia throughout 2021 and 2022.
  • The order adds up to Mawson's order placed earlier this year.
  • Mawson is a global digital infrastructure provider with diversified operations across cryptocurrency mining and digital asset management. 
  • Price Action: CAN shares traded higher by 2.17% at $9.41 in the market session on the last check Friday.
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