The Mining Equipment of Bitcoin Canaan (CAN) has assured its largest hardware order in three years, selling more than 50,000 of its Bitcoin A15 Pro A15 miners to a mining company based in the United States.
The machines will be sent in the fourth quarter of 2025, said the company based in Singapore. The buyer’s name was not appointed, although the purchase scale points to an important mining operation.
“This Milestone order represents a significant victory for Canaan and reflects the solid resurgence of the US market,” said CEO of Canaan, Nangeng Zhang, in a statement.
The order also points to the continuous bets of the miners in the industry, even when the mining difficulty of the cryptocurrency rises to a new historical maximum. Canaan’s shares increased 12% in the negotiation prior to the market after the news and almost 18% rose in yesterday’s negotiation session.
While reciprocal tariffs requested Asic miners of Chinese and Canaan origin, during most of its history, it has been operating from China, you can avoid these costs. The company operates facilities both in the United States and Malasia, which has taken advantage of a separate purchase agreement with Cipher Mining.
The company did not specify which facilities will comply with the order of 50,000 AISC.
