Canaan to Expand Heat-Recovery Bitcoin Mining in Nordic Region
Canaan has secured a contract to provide heat-recovery Bitcoin mining infrastructure to a district heating network in the Nordic region. According to NS3.AI, the project aims to reach a capacity of 8 MW. The initial phase includes 228 Avalon A1566HA units, currently operating with a 2 MW heating capacity, supplying hot water to local residents. A subsequent order for 692 additional units is planned for March 2026, which would extend the system's reach to approximately 2,800 homes upon full deployment.
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