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SINGAPORE, Oct. 30, 2025 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), an innovator in crypto mining, today announced a 4.5-megawatt sales contract with an electrical engineering solutions provider to deploy Avalon A1566HA-488T hydro-cooled mining servers for real-time grid balancing and energy-efficiency optimization in Japan. The facility is led by a major regional utility.
The Avalon servers will operate continuously to help stabilize regional power-grid load through controlled overclocking and underclocking, beginning by the end of 2025. Powered by Canaan's self-developed smart control chip, the system dynamically adjusts frequency, voltage, and hashrate through advanced feedback algorithms, allowing Avalon systems to respond to grid fluctuations, maintain optimal efficiency, and enhance grid reliability.