Canaan Expands Bitcoin Miner Production in the U.S. with Landmark Deal

The American branch of Canaan has signed a contract to deliver approximately 6,840 Avalon A15Pro miners to Cipher Mining during the third quarter.

These units, set to be deployed at the Black Pearl facility in Texas, will be sourced from Canaan’s manufacturing plants in Malaysia as well as its U.S. subsidiary.

The company described this agreement as «the first major initiative to provide substantial support to American clients with domestic production.»

Canaan’s Chairman and CEO, Nangeng Zhang, noted the increasing demand for miners in light of Bitcoin hitting historical highs. He also referenced tariff pressures that are prompting clients to reassess their supply chains.

In a report detailing operational outcomes for May, the company stated that equipment imported from Malaysia to the United States is now subject to a 10% tariff.

«Rapid deployment, return on investment, and reliability have once again become key priorities. With our manufacturing advantages, we have built a strong reputation, expanded our market presence, and ensured reliable delivery capabilities across both sides of the Pacific,» Zhang said.

Canaan launched a pilot production project for miners in the U.S. back in June.

The Avalon A15Pro offers a hash rate of 221 TH/s with an efficiency of around 16.6 J/TH. This shipment is expected to boost the computing power of the Black Pearl data center by a total of 1.5 EH/s.

The parties involved have not disclosed the contract value. According to the manufacturer’s website, the price for the entry-level model in the A15 line is $15.8 per TH/s.

According to data from Hashrate Index, the average market price for equipment with energy efficiency not exceeding 19 J/TH has remained relatively stable in recent months, hovering around $17 per TH/s.

It is worth recalling that Bitmain, the largest manufacturer of mining equipment, announced the opening of production in the U.S. back in December 2024. One of the influencing factors behind this decision was the lengthy delays in importing goods into the country.