bitcoin mining difficulty reached an all-time high of 150.84 trillion this week, signaling fierce competition among miners. Canaan Inc. announced a deal for over 50,000 Avalon A15 Pro rigs with a US buyer, driving its shares up 26.4%. This order marks the company's largest in three years and highlights renewed cefi interest in efficient hardware.
Deal Breakdown
Canaan secured the order from an undisclosed US-based mining firm. The rigs, each delivering 218 TH/s, will add over 10 EH/s to the network once deployed.
According to The Block, delivery starts in Q4 2025. This boosts Canaan's position in the cefi hardware market.
Canaan CEO Nangeng Zhang stated the deal reflects a robust US market resurgence and commitment to long-term partnerships. He emphasized delivering machines with strong ROI through innovation and reliability.
Another view comes from Bit Digital CEO Sam Tabar, who warned the mining industry may not survive another halving due to rising costs. Such contrasting opinions underscore cefi challenges in the volatile market.
Share price Impact
Canaan's Nasdaq-listed shares (CAN) rose 26.4% to $1.31 in early trading. This follows a 50% gain over six months, despite a 40% year-to-date drop.
Per Cointelegraph, the surge ties to confidence in bitcoin mining growth. Investors see value in cefi firms adapting to shifts.
The order represents 1.4% of bitcoin's current network capacity. It aligns with US miners expanding amid global hashrate trends.
Industry Trends
The US holds 36% to 44% of global bitcoin hashrate, dominating the mining landscape. This deal reinforces US cefi leadership in a facing regulatory and energy pressures.
Hashrate grew to 937 EH/s in Q3 2025, with US-listed miners contributing 33.6%. Rising difficulty, up from 134.7 trillion in September, pushes for efficient rigs like Canaan's.
According to CoinLaw, stable regulations aid US dominance. Miners focus on ESG trends and hashrate financialization for sustainability.
Top public miners like MARA and CleanSpark claimed 19% of July block rewards. Solo miners still win occasionally, earning hundreds of thousands per block.
market Implications for Cefi
This Canaan deal signals institutional demand in cefi, countering bearish views on mining viability. It may stabilize supply chains amid 's above $100,000.
bitcoin hit $124,000 in August 2025, per reports. Such hardware investments could support further rallies by boosting network security.
Cefi platforms benefit from reliable mining infrastructure, reducing volatility risks. Analysts note shifting geographies, with US gaining from China's prior crackdowns.
Strategic Insights
Canaan avoids US tariffs by producing in Malaysia and the US. This strategy enhances its cefi market appeal to American buyers.
The Avalon A15 Pro's efficiency helps miners manage high energy costs. Firms like Cipher and CleanSpark have deployed similar units this year.
Rising difficulty forces smaller operators out, consolidating cefi power among giants. Investors should assess hashrate exposure in portfolios.
Future Outlook
bitcoin mining evolves with tech advances and regulations in 2025. Deals like this drive innovation in cefi hardware.
Extreme weather impacts hashprice, per NYDIG, adding market uncertainty. Miners must prioritize adaptable strategies.
This Canaan surge illustrates how key deals can shift cefi dynamics in the broader crypto market. It offers actionable insights for investors tracking mining efficiency and US dominance.
