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3w ago

Japan Tests 4.5 MW Bitcoin Mining With Utility Partner for Grid Balancing

Canaan’s hydro‑cooled Avalon rigs will operate as a controllable load under a state‑linked utility program to soak up surplus renewable power.

Japan turns to Bitcoin to balance its power grid - Details
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Canaan’s 4.5 mw bitcoin mining servers aim to stabilize japan’s power grid

Overview

  • Canaan announced a 4.5 MW deployment in Japan using Avalon A1566HA hydro‑cooled miners configured for power‑grid load balancing.
  • The miners include a smart‑control chip that can adjust frequency, hashrate, and voltage in real time to match grid conditions.
  • The project is with a major regional utility that has partial government ownership, though Canaan did not name the partner.
  • Outlets characterize the effort as Japan’s first government‑linked use of Bitcoin mining for national energy management in a developed market.
  • The facility is expected online by the end of 2025, and CAN shares fell about 7% after the news, which coverage linked to sector weakness and an ATM offering.