Canaan

avalon-2Bitcoin Mining

Canaan Reports $5.6M Loss in Q1 Despite Bitcoin Miner Price Cut

Wolfie ZhaoMay 22, 2020

The China-based manufacturer had cut the pricing for its bitcoin miners by half during the first three months.

https://www.shutterstock.com/image-photo/shanghaichinajan-new-type-coronavirus-2019ncov-pneumonia-1624209751Mining

How the Long Tail of the Coronavirus Might Slow Bitcoin’s Hash Power Growth

David PanFeb 5, 2020

The shortage of new mining machines caused by the coronavirus outbreak could curb computing power growth from Chinese miners who contribute over 65% of Bitcoin’s hash power.

Chinese crypto mining machine maker Canaan saw its stock price closed at $1.98 per share, the first time since its initial public offering at a price of $9 per share last December. (Credit: Shutterstock)Mining

Bitcoin Miner Maker Canaan’s Stock Hits Record Low 1 Month After Halving

David PanJun 15, 2020

Shares of Canaan Creative, one of the few publicly traded crypto miner manufacturers, fell below $2 Monday, their lowest after going public last year.

Canaan

Canaan’s Post-IPO Stock Plunge Reveals Sales Slump, Price War With Bitmain

Bradley KeounDec 17, 2019

Cryptocurrency mining computer-maker Canaan Inc. may have picked the worst time for its initial public stock offering.

Bitcoin Mining

Avalon Bitcoin Miner Maker Canaan Officially Files for $400 Million US IPO

Wolfie ZhaoOct 28, 2019

Avalon bitcoin miner maker Canaan Creative has just formally filed for a $400 million US IPO.

Canaan

Bitcoin Mining

Bitcoin Miner Maker Canaan Confidentially Files for IPO in US: Report

Daniel Palmer

Canaan Creative, the major bitcoin miner manufacturer, has confidentially filed for an IPO in the U.S., say IFRAsia sources.

canaan
Avalon ASIC

Avalon Bitcoin Miner Maker Canaan Is Plotting Another IPO Attempt

Wolfie Zhao

Canaan Creative, manufacturer of the Avalon bitcoin miner, is considering another attempt to go public, sources say. 

avalon-2
Bitcoin Mining

Hong Kong Stock Exchange CEO Casts Doubt on Crypto Miner IPO Filings

Yogita Khatri

The CEO of the Hong Kong Stock Exchange has seemingly questioned the IPO viability of crypto mining companies in new comments.

https://www.shutterstock.com/image-photo/central-hong-kong-15-march-2018-1113472040?src=I7lxKQIefQki7FKa4HfT9Q-1-2
Bitcoin Mining

Bitcoin Miner Maker Canaan Considering New York IPO: Report

Yogita Khatri

China-based Canaan, the second largest manufacturer of bitcoin mining devices, is considering an IPO in the U.S., according to Bloomberg.

https://www.shutterstock.com/image-photo/new-york-city-ny-oct-11-172469060
ASICs

A New Line of Powerful ASIC Miners Is Coming to Ethereum

Nikhilesh De

Chen Min, formerly Canaan's chief chip maker, is releasing a line of ethereum ASICs through her new venture, Linzhi.

https://www.shutterstock.com/image-photo/access-server-closeup-computer-equipment-bright-1040368255?src=Ye2vBazVaJ4CoVIOzLsV_g-1-2
Bitcoin Mining

Bitcoin Miner Maker Canaan Files for Hong Kong IPO

Wolfie Zhao

China-based Canaan Creative, one of the largest bitcoin mining hardware makers, has filed for an IPO in Hong Kong.

avalon-2
Mining

Bitcoin Miner Canaan Acquires Blockchain Notary Service

Stan Higgins

Bitcoin mining hardware firm Canaan has acquired document timestamping service Proof of Existence, taking on its developer-creator as an advisor.

canaan
China

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.

Avalon Chips - Source: strombom (bitcointalk.org)
China

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.

screen-shot-2016-09-29-at-11-01-40-am