📣 Creators, Exciting News!
Gate Square Certified Creator Application Is Now Live!
How to apply:
1️⃣ Open App → Tap [Square] at the bottom → Click your avatar in the top right
2️⃣ Tap [Get Certified] under your avatar
3️⃣ Once approved, you’ll get an exclusive verified badge that highlights your credibility and expertise!
Note: You need to update App to version 7.25.0 or above to apply.
The application channel is now open to KOLs, project teams, media, and business partners!
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Canaan Inc. (CAN) rises to a six-month high after launching a gas data center for Bitcoin and AI
Canaan Inc. (CAN), an innovative mining and data center company, reached a six-month high after announcing a 2.5MW data center in Canada, utilizing excess flare gas for crypto mining. The center will operate 700 Avalon A15Pro machines with a target operational efficiency of 90%, while the energy can be used for AI computing or sold to the grid during downtime.
In collaboration with Aurora AZ Energy in Calgary, Canaan delivers mining equipment directly to gas wells, converting gas into electricity at low costs. CEO Nangeng Zhang emphasizes the transformation of wasted energy into a useful energy source. Since its IPO in 2019, Canaan has sold over 50,000 A15Pro units in the US, maintaining adaptability and achieving 9.3 EH/s. Ranked in the top 15 in mining, data centers, and BTC storage, Canaan owns 1,547 BTC. CAN's stock price has risen over 28% to $1.42, following the trend of recovering mining stocks as trade tensions ease.