Canaan inc. expands self-mining footprint in north america

New mining partnerships to add ~4.7 eh/s m ining machines to be hosted at facilities in pennsylvania and texas self-mining energization expected in coming months singapore , march 26, 2025 /prnewswire/ -- canaan inc. (nasdaq: can) ("canaan" or the "company"), a n innovator in crypto mining, today announced that wholly owned subsidiaries of canaan have signed agreements that expand the company's self-mining capabilities at two new partners' mining facilities in pennsylvania and texas. a three-year master colocation agreement has been entered into with mawson hosting llc, an affiliate of mawson infrastructure group inc. (nasdaq: migi), for its facility in midland, pennsylvania.
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