Browsing the "Avalon" Tag

Avalon ASIC Chips

Avalon Miner Maker Canaan Raises ‘Hundreds of Millions’ in New Funding

| Wolfie Zhao

Canaan Creative, the maker of Avalon miners, has closed a significant funding round, valuing the firm at over $1 billion, according to a report.

canaan, mining

Co-Founder Quits Avalon Mining Chip Maker Canaan Over ‘Differences’

| Wolfie Zhao

Xiangfu Liu has left the board and management team of Canaan Creative, maker of the Avalon crypto miner.

mainframe, database

A Multi-Million Dollar Bet Ethereum’s Proof-of-Stake Isn’t Coming Soon

| Rachel Rose O'Leary

One of the top crypto ASIC chip makers is betting big ethereum's biggest plans might not come to pass.

Canaan Wants to Put Bitcoin Mining Chips Inside TVs

| Madeline Meng Shi

Bitcoin mining hardware manufacturer Canaan Creative has debuted two new mining products.

Avalon ASIC Chips

Bitcoin Hardware Maker Canaan Calls for Mining Industry Changes

| Pete Rizzo

One of the industry's largest mining chip manufacturers is weighing in on new controversy surrounding how miners engage with the network.

Regulators Block Sale of Bitcoin Miner Avalon

| Stan Higgins

A planned acquisition deal between Chinese manufacturer Shandong Luyitong and bitcoin mining hardware company Canaan is no more.


New Details Emerge on Bitcoin Firm Avalon’s $466 Million Pending Sale

| Stan Higgins

New details have emerged about the pending sale of Canaan Creative, the company that sells the Avalon series of bitcoin mining chips.

Maker of First Bitcoin Mining ASIC Acquired in What Could Be Industry’s Largest Sale

| Stan Higgins

The China-based company behind the first bitcoin mining ASIC has been acquired.

CoinDesk Mining Roundup: Miner Meetups and Pool Pressures

| Stan Higgins

This week, a Las Vegas mining convention is set for October and reports say BTC Guild could cease operations.

Tradehill open to holding more auctions as it grapples with regulation

| Danny Bradbury

Bitcoin exchange Tradehill is open to holding more mining equipment auctions after its success with first-generation Avalon ASIC units.