Canaan Creative launches 2.5MW Bitcoin mining pilot project in Canada to utilize stranded natural gas

PANews reported on October 13th that, according to TheMinerMag, Canaan and Canada's Aurora AZ Energy announced the launch of a 2.5MW off-grid Bitcoin mining farm in Calgary, Alberta. The farm will utilize stranded gas from oil wells and deploy 700 Avalon A15 Pro processors, valued at over $2 million. The project promises approximately 90% uptime and electricity costs below the industry average. Canaan stated that its self-operated computing power reached 9.3 exahashes per second (EH/s) as of September, and last month received US orders for over 50,000 A15 Pro processors, totaling over 10 EH/s. The two companies plan to replicate this model in more areas with associated gas/exhaust gas production to address the constraints of centralized power grids and the localized energy needs of AI/HPC.

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Author: PA一线

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