Zhitong Finance APP learned that on October 29, Canaan Technology (CAN. US) announced that the company received HIVE Blockchain (HIVE. US) additional purchase order, which will purchase 6500 new generation Avalon Bitcoin mining machines. HIVE Blockchain previously purchased 6,400 and 4,000 Avalon mining machines in January and August 2021, respectively.
Zhang Nangeng, Chairman and CEO of Canaan Technology, said: "The additional purchase order for HIVE Blockchain further strengthens our partnership. We are confident of achieving greater success with our clients in the cryptocurrency mining space. "