Canaan wins bid for Nordic district heating equipment contract

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Canaan Inc. Wins Competitive Bid to Provide Hash-to-Heat Equipment to Nordic District Heating Network

May 19, 2026 6:25 AM EDT

High-temperature heat reuse converts compute waste into scalable district heating infrastructure 
Project provides additional validation of Canaan's expansion into energy-integrated compute infrastructure

SINGAPORE, May 19, 2026 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), an innovator in crypto mining, today announced that it has been selected to support a district heating network in the Nordic region.

The heating... More