<b>Bitcoin mining firm Genesis orders 10,000 more machines from Canaan</b> <br /> <br /> Bitcoin mining firm Genesis Digital Assets has ordered 10,000 more machines from Canaan, the China-based mining hardware maker. <br /> <br /> The new order comes less than two months after Genesis placed nearly $94 million worth of orders in late April. The value of the new order wasn't disclosed and Canaan declined to comment when reached. <br /> <br /> Nonetheless, the new order is for Canaan's A1246 and A1166Pro AvalonMiners, which are expected to be shipped by the end of this month. The A1246 model is Canaan's latest machine, with a maximum hashrate of 90 tera hashes per second (TH/s). Its average price is around $5,000. <br /> <br /> The A1166Pro AvalonMiner, on the other hand, is an older model with a hashrate of 81TH/s and an average price of around $1,300. Genesis's previous order only included A1246 machines. <br /> <br /> "Our recent purchase orders of Canaan's Avalon Miners will help us to grow our hash rate by at least two times over the upcoming months," said Abdumalik Mirakhmedov, co-founder and executive chairman of Genesis. The firm currently claims to have a total hashrate of over 2.1 exahash per second (EH/s), which is more than 1.4% of the total Bitcoin network hashrate. <br /> <br /> Founded in 2013, Genesis Digital Assets is part of Genesis Mining that was spun off into a separate entity in April. As for Canaan, the Nasdaq-listed company is expanding its global footprint. Earlier this month, Canaan opened its first overseas after-sales service center in Kazakhstan as its overseas sales are increasing.