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Established in 2013, Canaan Inc. stands as a prominent figure in the realm of crypto-mining, boasting its headquarters in Singapore and operational centers sprawled across North America, China, and Central Asia. Renowned for pioneering innovation, Canaan earned its stripes as the first-ever ASIC Bitcoin mining machine manufacturer, a feat that propelled it to a listing on Nasdaq, marking a significant milestone in the blockchain and mining sectors. Their contributions were duly recognized with the prestigious “Beijing High-tech Enterprise” award in 2016.

Setting its sights on revolutionizing the industry, Canaan prioritizes the development of “green mining” as a cornerstone of its strategic vision. In an arena often marred by criticisms of excessive energy consumption, Canaan adopts a proactive stance, championing energy-efficient solutions. Building on this ethos, Canaan boasts a rich history of groundbreaking innovation, including the mass production of AI chips in 2015 and the pioneering launch of the world’s first liquid-cooling immersion blockchain computing device, the Avalon Immersion Miner, in 2020.

At the core of Canaan’s product lineup are cutting-edge offerings like the Avalon A1346 BTC Miner(110TH), A1366 BTC Miner(130TH), 1066(50TH), 1166 PRO(78TH), 1166 PRO(81TH), 1246(85TH), and more, empowering individuals and businesses to engage in cryptocurrency mining with state-of-the-art technology.

Driven by an unwavering commitment to innovation, Canaan has heavily invested in research and development, spearheading advancements such as the production process of 5 nm chips and the mass production of 6 nm chips. Testament to their dedication to staying ahead of the curve, Canaan introduced the second-generation AI chip K510 in 2021, renowned for its high-performance image and voice processing capabilities.

Expanding its horizons beyond cryptocurrency mining, Canaan has diversified its product offerings, delving into Artificial Intelligence applications while simultaneously bolstering its global presence. With a footprint spanning 21 countries and regions worldwide, Canaan continues to forge ahead with its mission to develop cutting-edge blockchain mining solutions, underpinned by reliability, efficiency, and sustainability.

Canaan Inc.’s unwavering focus on innovation, sustainability, and efficiency not only distinguishes it as a leader in the field but also underscores its commitment to driving growth and success in the ever-evolving landscape of blockchain technology.