Canaan inc. secures large avalon miner a1566 purchase order from cipher mining technologies inc.

Singapore , june 6, 2024 /prnewswire/ -- canaan inc. (nasdaq: can) ("canaan" or the "company"), a leading high-performance computing solutions provider, today announced that it has signed a large purchase agreement (the "agreement") with one of the company's long-term partners, cipher mining technologies inc. (nasdaq: cifr) ("cipher"). according to the agreement, cipher mining has acquired 6,600 units of canaan's latest product, the avalon miner a1566, which features advanced computing power and power efficiency.
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