Canaan Lands New Tether Order as Mining Shifts to Modular Infrastructure
Canaan (CAN) has secured an additional order from Tether for custom Bitcoin mining hardware, extending their collaboration beyond an earlier research and development effort that tested new system designs for large-scale mining. Under the new order, Canaan will supply high-density hash board modules designed for immersion-cooled systems, with usage planned at a Tether-linked facility in…