Canaan Inc. Signs Agreement with HIVE for Avalon A1566 Miners

Continues North American Expansion with Order from Long-term Customer SINGAPORE, Nov. 11, 2024 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), a leading high-performance computing solutions provider, today announced that Canaan Creative Global Pte. Ltd. ("CCG"), a wholly owned Singapore subsidiary of the Company, has entered into a purchase agreement with HIVE Digital Technologies Ltd ("HIVE"), for its Avalon A1566 miners. According to the purchase agreement, CCG will provide HIVE wit ...