Canaan Inc.

Canaan Inc.

Canaan Inc. is a vertically integrated crypto mining company. Founded in 2013, Canaan is best known as a manufacturer of Avalon-branded bitcoin mining hardware (ASICs) and has expanded into operating its own bitcoin mining data centers. In February 2026, Canaan acquired Cipher's 49% stake in the Alborz, Bear, and Chief joint-venture mining sites in West Texas, along with select bitcoin mining equipment from Cipher's Black Pearl facility, in an approximately $40 million all-stock transaction.

Canaan Inc. Data Center Map

Canaan Inc. Power Growth Over Time

+200% since 2022
Operational
Construction
Planned
Prospective
Land Bank
In Doubt
Currently Operational
across NN Request Dataset sites
Under Construction
NN Request Dataset sites currently building
Planned / Prospective
NN Request Dataset sites announced, but haven't started construction

Canaan Inc. Locations

Campus PrimeInterested in this information?Contact us

West Texas

Cipher Mining, a company specializing in cryptocurrency mining and high-performance computing (HPC) data centers, operates a joint venture site named Bear in the vicinity of Andrews.

View Data Center

Hub PrimeInterested in this information?Contact us

West Texas

Situated within the Astra Wind Farm in Randall County, Texas, USA, the Alborz Data Center stands as a 40 MW facility dedicated to Bitcoin mining operations.

View Data Center

Crypto Mining Data CenterInterested in this information?Contact us

Manitoba

Canaan is installing liquid-cooled bitcoin miners at the Vermillion Growers tomato greenhouse in Dauphin, Manitoba, where the miners' heat warms the greenhouse. Bitforest Investment hosts the pilot.

View Data Center

Related News See all

Read 2026 Is the Year Texas Passes Virginia in Data Center Capacity
[Texas](https://baxtel.com/data-center/texas) now has more data center capacity operating and under construction than [Virginia](https://baxtel.com/data-center/virginia). Baxtel tracks 28.3 GW buil...

2026 Is the Year Texas Passes Virginia in Data Center Capacity

October 13, 2026 West Texas

Texas now has more data center capacity operating and under construction than Virginia. Baxtel tracks 28.3 GW built or building in Texas, against 17.8 GW in Virginia. On capacity already online, Virginia still leads, 12.3 GW to 11.1 GW. If projects scheduled for this year deliver on time, Texas...

Read more
Read Crusoe Confirms Google AI Campus In Texas With 531MW Wind Link
Crusoe is the developer behind Google's data center campus under construction in Armstrong County, Texas, the company [said on Sept. 28](https://www.crusoe.ai/resources/newsroom/crusoe-developing-d...

Crusoe Confirms Google AI Campus In Texas With 531MW Wind Link

October 01, 2026 West Texas

Crusoe is the developer behind Google's data center campus under construction in Armstrong County, Texas, the company said on Sept. 28. The site sits outside Amarillo, and it pairs with 531 megawatts of adjacent West Texas wind, a design that puts generation rather than land at the center of the...

Read more
Read Gradiant To Provide HyperSolved Water Treatment System For West Texas Data Center
Gradiant has partnered with an unnamed hyperscaler to deploy its HyperSolved water treatment system at a West Texas data center. The platform manages the full cooling water cycle, using non-freshwa...

Gradiant To Provide HyperSolved Water Treatment System For West Texas Data Center

September 01, 2026 West Texas

Gradiant has partnered with an unnamed hyperscaler to deploy its HyperSolved water treatment system at a West Texas data center. The platform manages the full cooling water cycle, using non-freshwater sources, high-recovery technology, and AI-powered monitoring to reduce water use, discharge, and...

Read more
Read Bolt Data Partners with TPL to Develop data Center Campuses Across West Texas
Bolt Data Partners with TPL to Develop data Center Campuses Across West Texas

Bolt Data Partners with TPL to Develop data Center Campuses Across West Texas

December 18, 2025 West Texas

Texas Pacific Land Corporation (TPL) has partnered with Bolt Data & Energy to develop data center campuses across TPL-owned land. As part of the deal, Bolt raised $150 million in capital, including $50m from TPL. In return, TPL will receive equity interest, warrants, and a right of first...

Read more

Ready to Level up Your
Data Center Strategy?