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.