Canaan News

Chinese Bitcoin miner manufacturer Canaan Inc. has reported significant revenue figures for the second quarter of 2021.

Canaan has also granted Genesis Digital Assets an opportunity to buy up to 180,000 additional BTC mining machines.

The CEO of Canaan Inc called for a less indiscriminate mining ban in China.

The Bitcoin miner manufacturer saw its year-on-year revenue tumble amid supply chain disruptions and a global chip shortage.

A Nasdaq-traded Chinese Bitcoin mining firm has seen its shares fall 20% after a damning short report unveiled some alleged dodgy dealings.

Canaan's new miner is natively cooled by immersion in liquid, promising better performance.

With crypto mining gaining momentum, here’s the newest products coming out in 2021 and what Bitcoin miners should look to buy.

The third quarter was tough for mining rig manufacturers as the impact of COVID-19 continued to weigh heavily on the space.

Canaan will try to drive up its Nasdaq-listed stock from the $2 price mark.

A vastly improved gross margin on sales contributed to a reduction in net loss of over 90% compared to figures from a year ago.

While shares in Riot Blockchain and Hive Blockchain eclipse Bitcoin’s YTD gains, other mining firms have not fared so well — with Canaan crashing nearly 70%.

Chinese mining company Ebang has yet to see a positive net income in 2020, but an IPO might give it a jumpstart.

The Bitcoin mining ASIC manufacturing industry is expected to further consolidate, as is the wider mining farm operating sector.

Cryptocurrency mining ASIC producer Canaan filed with the U.S. SEC to issue around $12.4 million worth of shares to its employees.

Some Chinese companies could be left out of the world’s second-largest stock exchange as a result of proposed changes — and crypto is no exception.