Canaan to supply 6,840 bitcoin miners to Cipher's Black Pearl site

2025-07-17 21:24:17

Main Idea

Canaan has agreed to supply approximately 6,840 Avalon A15Pro bitcoin miners to Cipher Mining's Black Pearl facility.

Key Points

1. Canaan (NASDAQ:CAN) will supply around 6,840 Avalon A15Pro bitcoin (BTC-USD) miners.

2. The miners are destined for Cipher Mining's (NASDAQ:CIFR) Black Pearl facility.

3. The miners have a hash rate of 221 terahashes per second (TH/s).

Description

More on Canaan, Cipher Mining Canaan Inc. (CAN) Q1 2025 Earnings Call Transcript Canaan Inc. 2025 Q1 - Results - Earnings Call Presentation Why I'm Still A Buyer Of Cipher Mining Even After The Selloff Canaan reports decline in Bitcoin production in June Cipher Mining's Black Pearl phase I hashrate tops forecast

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