Canaan announces signing a 4.5 MW contract in Japan to deploy its Avalon liquid-cooled bitcoin miners

Jinse Finance reported that Canaan Inc. has announced the signing of a 4.5 MW contract in Japan to deploy its Avalon liquid-cooled bitcoin miners for real-time grid load balancing and energy optimization. The project is led by a major local utility company, and the related facilities will utilize Canaan Inc.'s intelligent control chips to dynamically adjust voltage, frequency, and computing power, supporting stable grid operation. By the end of 2025, the project is also expected to achieve improvements in energy utilization efficiency.