Create diversified mining capital allocation
Canaan builds a bridge between customers and financial service institutions, helping customers to reach financial service institutions. It can purchase and manage miners through financial models such as electricity loans, miner loans, and Bitcoin loans to reduce customer costs and operational pressure.
On the basis of miners hosting, the acquired Bitcoins are used as collateral to pay for electricity by mortgaging computing power.
When you want to buy the miners but have insufficient budget, you mortgage the ownership of the miners to a financial institution, and the financial institution funds the purchase of the miners. The customer repays the principal and interest regularly and obtains the right to use the miners.
The Bitcoins held are pledged to financial institutions, and the institutions lend money to customers according to a certain mortgage rate to purchase miners. Customers repay principal and interest regularly to solve the problem of fund shortage.