Chinese Bitcoin mining machine manufacturer Canaan has inked a deal to supply its hardware to a Japanese electric power company. The undisclosed partner will use the miners for research aimed at stabilizing the power grid. While Canaan hasn't revealed the identity of the power company, speculation points to Tokyo Electric Power Company (TEPCO), which began piloting Bitcoin mining in 2024 using surplus renewable energy via a subsidiary. This initiative aims to leverage excess power to generate revenue and improve grid efficiency. VanEck's Matthew Sigel suggests this move effectively integrates Bitcoin mining into Japan's national infrastructure, potentially leading to further adoption and investment in the sector within the country. The use of Bitcoin mining for grid stabilization represents a novel approach to energy management, and the results of this partnership could have implications for similar projects globally. ```