Canaan Inc., a bitcoin mining hardware manufacturer, has entered into a 4.5 megawatt (MW) sales agreement to put in place its hydro-cooled Avalon A1566HA-488T mining ASICs in Japan.

The project aims to help stabilize the country’s power grid with advanced real-time energy balancing technology built in.

The company reported it will be working with an electrical engineering solutions provider for the installation of the servers at a facility that is a part of a large Japanese utility company. It expects to see the first stages of this deployment by the end of 2025.

Using a process called controlled overclocking and underclocking, the miners can increase or decrease power…

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