Canaan Inc. has partnered with Luxor Technology Corporation to provide financing for bitcoin mining machines, beginning with a deal that enabled an unnamed U.S. institutional miner to acquire more than 5,000 Avalon A15 Pro rigs in August. Canaan Taps Luxor for Non-Dilutive Financing as Institutional Miner Buys 5,000+ Rigs Canaan disclosed on Monday that the […]
Source link

Chain Articles > Blog > Bitcoin > Luxor, Canaan Team up on Financing for 5,000+ Avalon A15 Pro Miners
Luxor, Canaan Team up on Financing for 5,000+ Avalon A15 Pro Miners
posted on
You Might Also Like
Javascript Library Compromise Goes After Bitcoin Wallets
Jack DaviesSeptember 9, 2025
A major NPM developer, qix, has had their account compromised. It was used to push malware that targets and searches...
Bitcoin Mining Difficulty Hits New Highs as Fees Shrink to Record Lows
Jack DaviesSeptember 8, 2025
Bitcoin’s mining industry is still at a tough spot, and profitability is taking another hit. The network’s mining difficulty—a measure...
DOT USD Ready For A +600% Rally To $23? Polkadot ETF Delays
Jack DaviesSeptember 8, 2025
Polkadot crypto might be out of the top 30, slipping below Toncoin (TON crypto) and Cronos (CRO) in the market...