Canaan Inc. has announced an agreement to provide 3,800 Avalon A1566I miners to Cleanspark Inc., a bitcoin mining and energy technology firm. The miners will run at 249 terahash per second (TH/s) and are configured for immersion cooling, a technique that involves submerging mining hardware in liquid to improve performance. The delivery is scheduled for Q4 2024. Canaan claims that the Avalon A1566I aligns with Cleanspark's immersion cooling approach, which boosts energy efficiency in mining operations. This partnership reflects Canaan's efforts to strengthen its presence in North America while supporting Cleanspark's operational expansion. The acquisition of Avalon miners will increase Cleanspark's SHA256 hashpower by 946 petahash per second (PH/s).



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