Canaan Yunzhi received follow-up purchase orders from Cipher and Stronghold, totaling 17,000 mining machines

Jianan Yunzhi announced that it has secured a cooperation deal for follow-up purchase orders with Cipher Mining and Stronghold Digital Mining. These orders involve a total purchase of over 17,000 bitcoin mining machines and are based on Jianan Yunzhi's existing relationship with Cipher and Stronghold.

Cipher's joint venture has purchased 16,700 A1466 model Avalon mining machines. The previously purchased 11,000 A1346 model Avalon mining machines have been delivered and installed at Cipher's Odessa factory.

Stronghold has purchased 1,100 A1346 model Avalon mining machines. The previously purchased 2,000 machines have been delivered and installed at Stronghold's Patha Creek factory.