canaan

CoinDesk - Unknown
Bitcoin Mining Rig Maker Canaan Sees 'Prolonged Headwinds' After Challenging Quarter
CEO Nangeng Zhang cited a slumping bitcoin price and COVID-19 lockdowns in China.
CoinDesk - Unknown

CoinDesk - Unknown
Benchmark Sees Canaan as Indirect Investment in Bitcoin, Shares Gain
The broker initiated coverage of the mining-equipment business' stock with a buy rating and $9 price target.
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CoinDesk - Unknown
Mining-Rig Maker Canaan Q1 Revenue More Than Triples
Canaan shares climbed after first-quarter earnings beat one analyst's estimates.
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CoinDesk - Unknown
Canaan Unveils Bitcoin Mining Machine, Sees Speedier ASIC Market Growth
The new model’s mining power and efficiency positions it between rival Bitmain’s S19 and S19 Pro machines.
CoinDesk - Unknown

CoinDesk - Unknown
Canaan Shares Surge as Company Authorizes up to $100M Buyback Program
The mining-rig computer maker says its new plan shows its confidence in the company’s long-term prospects.
CoinDesk - Unknown

CoinDesk - Unknown
Bitcoin Mining Rig Maker Canaan Surges After Strong Results and Guidance
The combination of an expanding customer base and higher average selling price drove the better-than-expected fourth quarter.
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CoinDesk - Unknown
ASIC Maker Canaan Signs Multiple Deals for Expansion in Kazakhstan
Canaan had 10,300 AvalonMiner units in operation in Kazakhstan as of Dec. 31.
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CoinDesk - Unknown
ASIC Maker Canaan Delivers 2,000 Mining Rigs to Kazakhstan
Canaan plans to deploy 850,000 TH/s in the near term.
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CoinDesk - Unknown
Hive Blockchain Orders Another 6,500 Bitcoin Mining Machines From Canaan
The order builds on the companies’ existing relationship that’s seen Hive already buy 10,400 machines this year.
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CoinDesk - Unknown
Mining Rig Maker Canaan’s Stock Falls 11% on Disappointing Outlook
Analysts are wary as management notes challenges in the industry.
CoinDesk - Unknown