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Bitcoin mining manufacturer Canaan expands footprint in Kazakhstan -Breaking

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© Reuters.

(BTCCanaan Inc., a leading mining hardware manufacturer in Kazakhstan, has established new strategic partnerships to expand its presence in Kazakhstan.

Nasdaq listed company AnnouncementIt announced Tuesday that 10,300 AvalonMiner devices had been deployed in Kazakhstan by December 31, 2021. This was the end of Phase One of its central Asian deployment. Canaan will be partnering local businesses as part its expansion plan outside China. But, Canaan declined to name any of its partners in the local area.