Canaan Inc. announced that it has received from HIVE Blockchain Technologies Ltd. a purchase order for 4,000 bitcoin mining machines with an aggregate operating hash power of 272 Petahash per second (PH/s). According to the terms of the order, the company will deliver the mining machines in two tranches over the next 60 days, including 2,000 machines in August 2021 and 2,000 machines in September 2021. This order is an addition to HIVE's previous order placed earlier this year for 6,400 Canaan AvalonMiner 1246 Miners with an aggregate operating hash power of 576 PH/s.