Canaan : and Arctos Capital has signed a bulk purchase order of mining machines

Canaan and Arctos Capital has signed a bulk purchase order of mining machines

publish date 2021-01-31

Canaan has signed a purchase order for next-generation AvalonMiner machines with Arctos Capital. According to the agreement, Canaan will provide continued supply of tens of thousands of AvalonMiner machines to Arctos Capital. As Arctos Capital continues to grow its presence in the global crypto mining market, the long-term partnership with Canaan will benefit the development of both companies.

Arctos Capital is a technology-driven commercial lender that provides financing solutions to bitcoin holders, investors, and mining businesses. In addition to our lending operations, we manage a fund that provides accredited investors access to non-correlated, high-yield credit opportunities. We combine innovative technology with common-sense business principles to deliver our investors and partners superior results.

Through the bulk purchase of Avalon A1246 miners, Arctos Capital will further improve the output and performance of its mines.