Canaan Inc., a leader in cryptomining technology, has announced a significant purchase agreement with Cipher Mining Inc. to supply approximately 6,840 Avalon A15Pro miners. These units will be delivered to Cipher's Black Pearl facility in the third quarter of 2025, with fulfillment from Canaan's U.S. and Malaysian facilities. This order is Cipher's fourth from Canaan, underscoring a strong partnership and confidence in Canaan's reliable, high-performance mining solutions. The A15Pro miners, each offering 221 terahashes per second with a power efficiency of 16.6 joules per terahash, are expected to significantly enhance the operational hashrate at the Black Pearl site.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Canaan Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: CN32793) on July 17, 2025, and is solely responsible for the information contained therein.