HIVE Blockchain Orders 6,500 Bitcoin Mining Rigs From Canaan



  • HIVE Blockchain ordered 6,500 bitcoin mining machines from Chinese maker Canaan.
  • The buy builds on the 2 companies’ partnership which has despatched the Canadian miner over 10,000 machines this 12 months.
  • HIVE expects to achieve 2 EH/s BTC mining capability by the top of 2021.

Bitcoin miner HIVE Blockchain has secured one other buy order of Canaan machines, the producer introduced in a launch. The miner will obtain 6,500 latest-generation Avalon bitcoin mining rigs from Canaan in a follow-up order to the ten,400 different models bought this 12 months.

“The additional purchase order from HIVE further strengthens our working relationship,” Nangeng Zhang, chairman and CEO of Canaan, mentioned. “We will continue to position ourselves as an important partner for HIVE as they accelerate their business growth. With our next-generation Avalon Miners as well as our quality on-site and off-site support, we are confident to achieve greater success with our clients in the crypto-mining field.”

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