Crypto Canaan Places an Order for 6,500 Next-Generation Bitcoin Miners with Hive Blockchain

[Yusra3]

This week the Nasdaq-recorded Hive Blockchain (Nasdaq:HIVE) and Canaan (Nasdaq: CAN) reported that Hive got a follow-on buy request for 6,500 Avalon diggers from Canaan. As indicated by the declaration, the shipment of the 6,500 mining rigs produced by Canaan will be transported in three tranches.3,000 excavators will be conveyed in December 2021, 3,100 Miners in January 2022, and 400 extra Avalon excavators by February 2022. Hive had effectively procured 10,400 excavators from Canaan in January and August 2021.

As of late, Hive reported the organization is building developments to its biggest server farm grounds in New Brunswick, Canada. Hive said it intends to furnish the New Brunswick site with 40 extra megawatts.