Bitcoin mining hardware maker Canaan has announced a partnership with SynVista Energy to co-develop a renewable-energy adaptive Bitcoin mining platform. This initiative signifies an expansion of Canaan's focus on green energy solutions as the cryptocurrency industry seeks more sustainable methods to meet its significant power demands.
The collaboration aims to create a mining rig equipped with an artificial intelligence-powered scheduling engine. This engine will synchronize energy supply with dynamic hash-rate demand, as detailed in Canaan's announcement on Monday.
The primary objective of this new platform is to maximize the utilization of clean energy resources without negatively impacting grid stability, according to statements from Canaan.
Canaan stated that this initiative will propel "green mining from isolated pilots to an engineered, replicable solution." The company believes it will provide the industry with an "economically viable and regulation-ready blueprint" for sustainable mining operations.
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. ⚡️
— Canaan Inc. (@canaanio) December 2, 2025
AI-driven load balancing.
Distributed behind-the-meter mining.
On-chain… pic.twitter.com/RnCIbQ8R7v
The company further elaborated, stating, "High renewable penetration is accompanied by growing output volatility and mounting curtailment risk. Traditional strategies struggle to convert surplus electrons into bankable returns."
Bitcoin mining has historically faced criticism for its substantial energy consumption. Some estimates suggest its yearly power usage is comparable to that of a mid-sized country, such as Poland or Thailand.
However, proponents of Bitcoin argue that mining operations can actively support grid stability. They contend that Bitcoin mining can help counteract the increasing strain placed on power grids by emerging technologies like AI data centers.
Canaan and SynVista to Tokenize Real-World Assets (RWA)
In addition to the mining platform, Canaan and SynVista Energy plan to tokenize key aspects of their operation on-chain. This includes generation output, carbon savings, and mining yields. The goal is to establish a "verifiable data foundation for the digitalization and real-world-asset (RWA) securitization of green-power plants."
Canaan explained that, in the longer term, this on-chain data infrastructure will facilitate the tokenization and securitization of generation cash-flows and carbon credits. This is expected to enhance price transparency and liquidity for green assets, creating a new framework for integrating the digital economy with the global energy transition.
Data from the Cambridge Bitcoin Electricity Consumption Index indicates that Bitcoin's share of global electricity consumption is approximately 0.8%.
Concurrently, the proportion of renewable energy utilized in Bitcoin mining has seen a consistent increase. According to an April report by the industry organization MiCA Crypto Alliance, this share has been growing at an average annual rate of 5.8%.
Canaan's Growing Commitment to Renewables in Bitcoin Mining
This partnership with SynVista Energy is not Canaan's initial step into leveraging renewable energy sources for Bitcoin mining. In October, the company launched a pilot project in Canada that converts stranded natural gas into energy for Bitcoin mining operations, as detailed in its October mining update.
Furthermore, in September, Canaan entered into an agreement with Soluna Holdings, a company specializing in data centers powered by renewable energy. This deal involves deploying Canaan's miners at a wind-powered data center located in Texas.