Cipher Mining Secures Deal with Canaan for Miner Expansion
Bear LLC and Chief Mountain LLC, joint ventures in which Cipher holds 49% interests, will purchase 16,700 units of the latest Avalon A1466 miners from the country.

Bear LLC and Chief Mountain LLC, joint ventures in which Cipher holds 49% interests, will purchase 16,700 units of the latest Avalon A1466 miners from the country.
The strategic partnership between HKbitEX and the Shanghai Technology Exchange aims to drive digital transformation in the Chinese economy through asset tokenization. Simultaneously, the emerging hybrid crypto exchange, Pullix, with its unique features and community-driven approach, anticipates significant growth as it gears up for a January 2024 launch, marking dynamic shifts in the evolving crypto landscape.
Privacy risks surface as TikTok account exploits facial recognition technology to expose unsuspecting individuals, igniting concerns about online safety and security.
Following the initial report on Monday, BC Technology's Share Price fell by 22 per cent.
Canaan, marking its 10th anniversary, made a significant announcement at the Avalon Bitcoin & Crypto Day (ABCD) conference with the official release of its A14 series mining models.
Having introduced the world’s first ASIC miner, Canaan outlines its strategic vision for innovations that will power the next decade of Bitcoin.
He attended the Hong Kong Web3.0 Festival, and provided his insights on how these technologies would shape the future.
Blockchain technology eliminates the need for a trusted party to facilitate digital relationships and is the backbone of cryptocurrencies.
The Chinese crypto miner maker Canaan has been expanding its mining business, accumulating a total of 346.84 BTC by the end of June.
In the partnership, Judo Bank and Web3 company Banxa are co-creating content, hosting lectures, providing case studies and even giving students access to their network, allowing the industry to "unearth the talent of the future".