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Canaan Secures Order for 30,000 Bitcoin Mining Rigs From Genesis Digital Assets

Technology Manias – EᐯEᖇYTᕼIᑎG YOᑌ ᑎEEᗪ IᑎᗪEEᗪ

The application-specific integrated circuit (ASIC) bitcoin mining rig manufacturer Canaan has announced the company has secured a follow-on contract from Genesis Digital Assets for 30,000 mining machines. The sale is part of an agreement between Canaan and Genesis that gives the mining operation the option to purchase up to 180,000 ASIC bitcoin mining rigs. Canaan Secures Follow-on Contract for 30K Bitcoin Miners From Genesis Digital Assets At the end of August, Genesis Digital Assets purchased 20,000 of Canaan’s top ASIC bitcoin mining rigs and explained that it had the option…

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