ASIC mining machine manufacturer Canaan has signed a purchase agreement with HIVE Digital to provide HIVE with 6,500 Avalon A1566 mining machines with an average computing power of 185 TH/s. Currently, the first batch of 500 mining machines has been delivered and is scheduled to be installed, and the remaining 6,000 units will be delivered in batches from December to March 2025. On this news, Canaan Technology's Nasdaq stock (CAN) rose 38% to $1.74. It is reported that HIVE Digital announced tha...