Canaan inc. launches innovative gas-to-computing pilot in canada with energy infrastructure developer

Strategic initiative to convert flared natural gas into low-cost power for high-density computing scalable low-cost natural gas power model designed to strengthen mining economics annual reduction of approximately 12,000–14,000 metric tons of co₂-equivalent emissions expected singapore , oct. 13, 2025 /prnewswire/ -- canaan inc. (nasdaq: can) ("canaan" or the "company"), an innovator in crypto mining, today announced the launch of a pilot mining project in calgary, alberta, canada, through a joint mining agreement with aurora az energy ltd., a calgary-based energy infrastructure company that develops and operates natural gas wellhead power solutions for hpc/ai data centers and bitcoin mining applications.
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