Canaan just signed a groundbreaking deal to supply bitcoin mining rigs to a major Japanese utility — marking Japan’s first-ever state-linked bitcoin mining project. This agreement effectively brings Bitcoin mining into Japan’s government-aligned infrastructure for the first time, as all ten of Japan’s regional utilities are partially state-owned. Analysts say this signals Japan’s growing interest in merging renewable energy and blockchain technology to stabilize its power grid.
The project, expected to go live by late 2025, will use Canaan’s hydro-cooled Avalon A1566HA servers to dynamically adjust hashrate and voltage, helping manage regional grid loads. It’s another sign that governments are recognizing Bitcoin mining as a tool for energy optimization — not just speculation. In this video, we’ll explore what this deal means for Japan’s crypto future, Canaan’s expansion across Asia, and the global trend of state-backed Bitcoin mining. Comment below — is this the start of a new era for Bitcoin energy integration?
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