Now is a good time to mining. Canaan has released the AvalonMiner1246 with a hashrate of 90TH/s, a power consumption of 3420W, and a power efficiency of 38J/TH. The A1246 to meet the needs for higher hashrate and higher efficiency of our customers.

Canaan Inc., its affiliates and subsidiaries (hereinafter collectively  referred to as “Canaan”) recently noticed that an Internet website with the domain name https://canaanavalonminers.com/ (hereinafter the “Counterfeit Website”) is impersonating Canaan’s official website (https://canaan-creative.com/), using Canaan’s  trademark and name without authorization.

Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), a leading high-performance computing solutions provider, today announced that it has entered into strategic collaboration agreements with multiple crypto mining firms for joint-mining business in Kazakhstan.

Mr. Nangeng Zhang, Chairman and Chief Executive Officer of Canaan, commented, “The establishment of the service center in Kazakhstan is strategic in expanding our after-sales geographical coverage and providing faster and easier access to support our growing international customer base. This development builds on our commitment to service excellence and providing a best-in-class client experience.”