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Canaan showcases Bitcoin mining tech that heats 2,800 Nordic homes, turning waste heat into energy.

Market News
24 Sep 2026
PRNewsWire
View Source
Bullish
Canaan showcases Bitcoin mining tech that heats 2,800 Nordic homes, turning waste heat into energy.

Canaan Inc. will exhibit at BTCHEL in Helsinki, demonstrating its Bitcoin mining technology that converts waste heat into district heating. Their Avalon A1566HA units produce hot water at 80°C, supplying heat to about 2,800 homes in the Nordic region, replacing conventional heating. Canaan also introduces home Bitcoin miners that double as quiet heaters, blending sustainable computing with residential heating. This innovation highlights Canaan's role in integrating computing with sustainable energy solutions.

Canaan Inc.'s Bitcoin mining technology converts waste heat into district heating for about 2,800 homes, showcased at the BTCHEL Conference. For readers following the Technology sector, here is Pluang's market snapshot as of Sep 24, 2026 16:51 WIB: out of 150 priced US Technology stocks, 16 rose and 127 fell. Notable movers include AXTI at USD 69.66 (-4.55%, typical hold time 16 days, 50% sell/buy split), CRDO at USD 186.00 (-4.06%, typical hold time 21 days, 71% sell), and YOU at USD 40.43 (+3.93%, typical hold time 17 days, 0% sell).

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