Canaan, a Bitcoin mining and hardware manufacturer, has partnered to develop a renewable-energy adaptive Bitcoin mining platform, enhancing its commitment to green energy as the industry seeks sustainable methods to address power needs.
Collaborating with green power developer SynVista Energy, Canaan aims to design a mining rig that utilizes an AI-powered scheduling engine to align energy supply with fluctuating hash-rate demand, as the miner announced on Monday.
The objective is to optimize the use of clean energy while maintaining grid stability, as stated by Canaan.
Canaan indicated that this initiative will transition “green mining from isolated pilots to an engineered, replicable solution,” providing the industry with an “economically viable and regulation-ready blueprint.”
We’re excited to announce our new partnership with SynVista Energy, launching a renewable-adaptive Bitcoin-mining ecosystem that integrates clean power, storage, and hash-rate in one intelligent platform. ⚡️
AI-driven load balancing.
Distributed behind-the-meter mining.
On-chain… pic.twitter.com/RnCIbQ8R7v— Canaan Inc. (@canaanio) December 2, 2025
“Higher renewable penetration brings increasing output volatility and heightened curtailment risk. Conventional methods struggle to turn surplus electricity into profitable returns,” the company added.
Bitcoin (BTC) mining has faced scrutiny for its energy usage, with some estimates suggesting it matches the electricity consumption of a mid-sized country, such as Poland or Thailand.
Nevertheless, Bitcoin advocates assert that Bitcoin mining can assist in maintaining grid stability while alleviating the pressure on the grid caused by AI data centers.
Canaan and SynVista are also tokenizing RWA
Simultaneously, Canaan and SynVista Energy will tokenize generation output, carbon savings, and mining yields on-chain, aiming to establish a “verifiable data foundation for the digitalization and real-world-asset (RWA) securitization of renewable energy plants.”
“In the long run, the on-chain data infrastructure will facilitate the tokenization and securitization of generation cash flows and carbon credits, improving price transparency and liquidity of green assets and providing a new paradigm for integrating the digital economy with energy transition,” Canaan noted.
According to data from the Cambridge Bitcoin Electricity Consumption Index, Bitcoin’s share of global electricity consumption is around 0.8%.
In addition, the proportion of renewable energy utilized in Bitcoin mining has steadily risen, averaging an increase of 5.8% annually, according to an April report from the industry organization MiCA Crypto Alliance.
Related: Canaan stock surges as Q3 revenue doubles on Bitcoin miner demand
Canaan leans into renewables for Bitcoin mining
Canaan’s efforts to utilize renewables in Bitcoin mining are not new. In October, the company initiated a gas-to-computing pilot in Canada, converting stranded natural gas into energy for Bitcoin mining, as noted in its October mining update.
Additionally, in September, the miner formed a partnership with Soluna Holdings, a company that operates renewable energy-powered data centers, to install miners at a wind-powered data center in Texas.
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