Canaan Creative

Bitcoin Mining

Mining Machine Maker Canaan Rises 20% as Bitcoin Reaches a New All-Time High

Zack VoellFeb 16, 2021

Canaan shares have gained 230% so far in February.

Bitcoin Mining

Canaan CFO Resigns Citing ‘Personal Reasons’

Zack VoellFeb 9, 2021

The company's director of finance will serve as acting CFO.

Bitcoin Mining

Mining Machine Manufacturer Ebang to Start Mining Bitcoins for Itself

Zack VoellFeb 17, 2021

The new venture is expected to increase revenue and "optimize" its product offering structure.

Bitcoin Mining

Gaming Company The9 Agrees to Buy 26,000 Bitcoin Mining Machines

Zack VoellJan 25, 2021

The company says a "majority" of the ASICs are already deployed.

Bitcoin Mining

Hive Blockchain Buys 6,400 Mining Machines From Canaan to Reach 1,200 PH/s

Zack VoellJan 19, 2021

Delivery of the new machines is set to start in May.

Canaan Creative

Bitcoin Mining

Riot, Marathon, Canaan See Record Monthly Share Gains as Bitcoin Clears All-Time High

Zack Voell

Mining companies are soaring as bitcoin hits record highs.

Bitcoin Mining

Canaan Reports $12M Q3 Loss, Says There’s ‘Rebounding Demand’ for Mining Machines

Zack Voell

Mining hardware manufacturer Canaan Creative reported a Q3 net loss that is more than quadruple its Q2 loss.

Bitcoin Mining

Canaan Shares Dipped Only 2% in Q3 in Fourth Straight Quarterly Drop

Zack Voell

The Nasdaq-listed mining manufacturer dropped 2% in Q3.

Bitcoin Mining

Canaan’s Q2 Loss Narrows to $2.4M From Q1 on 160% Revenue Increase

Zack Voell

Canaan shares are down 23% in August.

Mining

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

David Pan

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

Bitcoin Mining

Bitcoin Miner Maker Canaan Lost $148M in 2019

Wolfie Zhao

The Chinese bitcoin miner manufacturer has disclosed it made a net loss of $148.6 million for 2019 on a revenue of $204.3 million.

Bitcoin Miners

Bitcoin’s Plunge Was Foreshadowed by Miner Inventory Data

Omkar GodboleDavid Pan

Bitcoin’s recent price drop has caught many investors off guard. However, a key metric showing worry among the miners gave a warning several weeks ago.