{"id":52002,"date":"2021-10-29T15:04:07","date_gmt":"2021-10-29T12:04:07","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=52002"},"modified":"2025-09-03T02:44:09","modified_gmt":"2025-09-02T23:44:09","slug":"hive-acquires-6500-additional-asic-miners-from-canaan","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/hive-acquires-6500-additional-asic-miners-from-canaan\/","title":{"rendered":"HIVE acquires 6,500 additional ASIC miners from Canaan"},"content":{"rendered":"<p>The Chinese mining equipment manufacturer Canaan Creative <a href=\"https:\/\/investor.canaan-creative.com\/news-releases\/news-release-details\/canaan-secures-follow-purchase-order-hive-blockchain-6500\">received<\/a> an order from the Toronto Stock Exchange-listed HIVE Blockchain Technologies to supply 6,500 ASIC devices.<\/p>\n<p>These are AvalonMiner devices of the latest generation.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cCurrently, HIVE&#8217;s computing power is about 1.2 EH\/s. Thanks to this deal, the performance of our device fleet by December 2021 will reach 2 EH\/s, and by March 2022 \u2014 3 EH\/s,\u201d said Frank Holmes, the mining company&#8217;s executive chairman of the board.<\/p>\n<\/blockquote>\n<p>Earlier, Canaan received two orders from HIVE for equipment. In January the company purchased <a href=\"https:\/\/forklog.com\/en\/news\/hive-acquires-6400-asic-miners-from-canaan\">6400 AvalonMiner 1246<\/a> miners with a total hashrate of 576 PH\/s, with delivery by the end of 2021. In August \u2014 <a href=\"https:\/\/forklog.com\/en\/news\/hive-to-acquire-an-additional-4000-asic-miners-from-canaan\">4000 devices<\/a> with a total hashrate of 272 PH\/s.<\/p>\n<p>In the same month HIVE <a href=\"https:\/\/forklog.com\/en\/news\/hive-orders-1800-bitmain-asic-miners-for-2022-delivery\">ordered 1800 ASIC miners<\/a> from Bitmain, with delivery in 2022.<\/p>\n<p>HIVE posted net profit of $42.5 million for the fiscal year ended March 31, 2021.<\/p>\n<p>Canaan&#8217;s revenue in the second quarter of 2021 amounted to $167.5 million. The figure was the largest in the company&#8217;s history.<\/p>\n<p>Follow ForkLog news on <a href=\"https:\/\/vk.com\/forklogcom\" target=\"_blank\" rel=\"nofollow noopener\">VK<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Chinese mining equipment manufacturer Canaan Creative received an order from Toronto Stock Exchange-listed HIVE Blockchain Technologies to supply 6,500 ASIC devices.<\/p>\n","protected":false},"author":1,"featured_media":52003,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[845,1137,1106],"class_list":["post-52002","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-canaan","tag-cryptocurrency-mining","tag-hive"],"aioseo_notices":[],"amp_enabled":true,"views":"19","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/52002","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=52002"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/52002\/revisions"}],"predecessor-version":[{"id":52004,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/52002\/revisions\/52004"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/52003"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=52002"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=52002"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=52002"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}