Canaan has been steadily investing in renewable energy projects, with a gas-to-computing pilot in Canada and a deal to deploy miners at a wind-powered data center in Texas.
Bitcoin mining and hardware maker Canaan has entered into a partnership to co-develop a renewable-energy adaptive Bitcoin mining platform, expanding its focus on green energy as the industry seeks sustainable ways to meet its power demands.
In conjunction with green-power developer SynVista Energy, Canaan plans to create a mining rig that uses an artificial intelligence-powered scheduling engine to synchronize energy supply with dynamic hash-rate demand, the miner announced on Monday.
The goal is to maximize the utilization of clean energy without compromising grid stability, according to Canaan.
