The post State-Backed Bitcoin Mining Begins in Japan appeared on BitcoinEthereumNews.com. Japan has begun mining Bitcoin through a project that connects its power grid to Canaan’s specialized mining machines. A major Japanese utility will use them to balance electricity demand by adjusting its activities to match the available renewable energy supply.  Because the utility is partly government-owned, it is one of the few nations where the state participates in Bitcoin mining. Sponsored Sponsored Canaan Rebounds With Grid Partnership Bitcoin mining hardware maker Canaan will deploy a 4.5-megawatt project using its Avalon hydro-cooled machines to help a Japanese regional utility manage power-grid fluctuations. The deal uses Avalon rigs to balance Japan’s power grid by shutting off during peak demand and restarting when excess renewable energy is available. This helps the utility manage fluctuations and use surplus green power more efficiently. Canaan (NASDAQ: $CAN) secures a 4.5 MW contract in Japan 🇯🇵 Our Avalon® A1566HA hydro-cooled servers will help a major utility stabilize the power grid using smart-chip control for real-time energy optimization ⚡ Bitcoin mining → Energy innovation 🌍 🔗… — Canaan Inc. (@canaanio) October 30, 2025 It also follows a turbulent stretch for Canaan, which recently avoided being delisted from Nasdaq. The company then secured its largest-ever miner order, signaling renewed growth.  Though modest in scale, the project is symbolically significant as Japan’s first government-linked crypto mining effort. Sponsored Sponsored Japan Blends Energy Policy With Bitcoin Mining Japan’s power sector is dominated by ten regional utilities, all of which have some degree of government ownership and oversight. This makes the new mining project part of state-linked infrastructure, signaling a shift from private Bitcoin mining to public-sector involvement. While rumors have circulated for years that TEPCO (9501 JP) was quietly mining Bitcoin, no confirmation ever surfaced. Now, with $CAN’s 4.5 MW order from a “major regional utility” in Japan, we’re finally adding… The post State-Backed Bitcoin Mining Begins in Japan appeared on BitcoinEthereumNews.com. Japan has begun mining Bitcoin through a project that connects its power grid to Canaan’s specialized mining machines. A major Japanese utility will use them to balance electricity demand by adjusting its activities to match the available renewable energy supply.  Because the utility is partly government-owned, it is one of the few nations where the state participates in Bitcoin mining. Sponsored Sponsored Canaan Rebounds With Grid Partnership Bitcoin mining hardware maker Canaan will deploy a 4.5-megawatt project using its Avalon hydro-cooled machines to help a Japanese regional utility manage power-grid fluctuations. The deal uses Avalon rigs to balance Japan’s power grid by shutting off during peak demand and restarting when excess renewable energy is available. This helps the utility manage fluctuations and use surplus green power more efficiently. Canaan (NASDAQ: $CAN) secures a 4.5 MW contract in Japan 🇯🇵 Our Avalon® A1566HA hydro-cooled servers will help a major utility stabilize the power grid using smart-chip control for real-time energy optimization ⚡ Bitcoin mining → Energy innovation 🌍 🔗… — Canaan Inc. (@canaanio) October 30, 2025 It also follows a turbulent stretch for Canaan, which recently avoided being delisted from Nasdaq. The company then secured its largest-ever miner order, signaling renewed growth.  Though modest in scale, the project is symbolically significant as Japan’s first government-linked crypto mining effort. Sponsored Sponsored Japan Blends Energy Policy With Bitcoin Mining Japan’s power sector is dominated by ten regional utilities, all of which have some degree of government ownership and oversight. This makes the new mining project part of state-linked infrastructure, signaling a shift from private Bitcoin mining to public-sector involvement. While rumors have circulated for years that TEPCO (9501 JP) was quietly mining Bitcoin, no confirmation ever surfaced. Now, with $CAN’s 4.5 MW order from a “major regional utility” in Japan, we’re finally adding…

State-Backed Bitcoin Mining Begins in Japan

2025/11/01 04:29
2분 읽기
이 콘텐츠에 대한 의견이나 우려 사항이 있으시면 crypto.news@mexc.com으로 연락주시기 바랍니다

Japan has begun mining Bitcoin through a project that connects its power grid to Canaan’s specialized mining machines. A major Japanese utility will use them to balance electricity demand by adjusting its activities to match the available renewable energy supply. 

Because the utility is partly government-owned, it is one of the few nations where the state participates in Bitcoin mining.

Sponsored

Sponsored

Canaan Rebounds With Grid Partnership

Bitcoin mining hardware maker Canaan will deploy a 4.5-megawatt project using its Avalon hydro-cooled machines to help a Japanese regional utility manage power-grid fluctuations.

The deal uses Avalon rigs to balance Japan’s power grid by shutting off during peak demand and restarting when excess renewable energy is available. This helps the utility manage fluctuations and use surplus green power more efficiently.

It also follows a turbulent stretch for Canaan, which recently avoided being delisted from Nasdaq. The company then secured its largest-ever miner order, signaling renewed growth. 

Though modest in scale, the project is symbolically significant as Japan’s first government-linked crypto mining effort.

Sponsored

Sponsored

Japan Blends Energy Policy With Bitcoin Mining

Japan’s power sector is dominated by ten regional utilities, all of which have some degree of government ownership and oversight. This makes the new mining project part of state-linked infrastructure, signaling a shift from private Bitcoin mining to public-sector involvement.

The initiative aligns with Japan’s digital-asset reforms to reclassify cryptocurrencies, simplify tax regulations, and expand regulated institutional participation. Together, these measures signal Japan’s coordinated shift toward mainstream, state-supervised crypto adoption.

The move also makes Japan one of the few advanced economies where the state indirectly backs Bitcoin mining. 

From Criticism to Innovation

Japan’s entry into Bitcoin mining could reshape global perceptions of the industry. By utilizing mining rigs to harness excess renewable energy, Japan’s model counters criticisms that Bitcoin is environmentally harmful

Furthermore, Canaan plans to expand similar projects across Asia, Europe, and North America, positioning Japan as a test case for sustainable, utility-integrated mining.

Source: https://beincrypto.com/japan-state-backed-bitcoin-mining/

면책 조항: 본 사이트에 재게시된 글들은 공개 플랫폼에서 가져온 것으로 정보 제공 목적으로만 제공됩니다. 이는 반드시 MEXC의 견해를 반영하는 것은 아닙니다. 모든 권리는 원저자에게 있습니다. 제3자의 권리를 침해하는 콘텐츠가 있다고 판단될 경우, crypto.news@mexc.com으로 연락하여 삭제 요청을 해주시기 바랍니다. MEXC는 콘텐츠의 정확성, 완전성 또는 시의적절성에 대해 어떠한 보증도 하지 않으며, 제공된 정보에 기반하여 취해진 어떠한 조치에 대해서도 책임을 지지 않습니다. 본 콘텐츠는 금융, 법률 또는 기타 전문적인 조언을 구성하지 않으며, MEXC의 추천이나 보증으로 간주되어서는 안 됩니다.

Roll the Dice & Win Up to 1 BTC

Roll the Dice & Win Up to 1 BTCRoll the Dice & Win Up to 1 BTC

Invite friends & share 500,000 USDT!