Key Notes
The project deploys over $2 million in Avalon A15 Pro miners at gas well sites, utilizing stranded energy resources.
Aurora's system enables below-average mining costs while offering grid power resale during peak periods.
Canaan generates 2.5 megawatts from 700 units, targeting expansion as AI infrastructure demand grows globally.
Canaan Inc. announced on October 13 that it has initiated a pilot mining project in Calgary, Alberta, converting flared natural gas into power for high-density computing. The effort demonstrates new energy strategies in Bitcoin BTC $114 822 24h volatility: 0.4% Market cap: $2.29 T Vol. 24h: $63.34 B mining and HPC/AI data centers, addressing environmental concerns.
The Bitcoin miner company is collaborating with Auro