As of July 2025, Canaan, a leading manufacturer of bitcoin mining equipment, is actively expanding its production in the USA. The company, founded in 2013 in China and re-registered in Singapore, is responding to trade barriers, including a 30% tariff on Chinese equipment, which forces it to localize its manufacturing capabilities. New factories are planned to be deployed in Texas and other states, which will improve supply efficiency and reduce costs for American customers. In May, Canaan reported a record production of 109 bitcoins, and the total hash rate increased to 8.75 EH/s. The company has secured agreements to supply thousands of Avalon A15XP miners, including 2,800 units for the USA with a performance of 207 TH/s each.
This step strengthens Canaan's position in the North American market, where it aims to reach 10 EH/s by mid-2025. Innovations like the Avalon Mini 3 home miners (37.5 TH/s) are expanding the audience. Despite challenges related to tariffs and weather conditions, Canaan shows resilience, holding 1,466 bitcoins on its balance. Expanding production in the USA could change the global mining ecosystem, contributing to decentralization.
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