Canaan has launched a 2.5 MW bitcoin mining pilot project in Calgary, Alberta, Canada, in partnership with Aurora AZ Energy Ltd. The initiative employs flared natural gas to power 700 Avalon A15 Pro miners, which are valued at over $2 million. These miners are deployed directly at the gas well site, marking a significant step in utilizing otherwise wasted energy for cryptocurrency mining.
Canaan Initiates 2.5 MW Bitcoin Mining Project in Canada Using Flared Gas
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