canaan

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Bitcoin Price Lifts Crypto Stocks Ahead of Coinbase Listing
Michael Saylor’s MicroStrategy was up 18.5% in global markets. His firm’s bitcoin proxy stock wasn’t alone in seeing green.
gilly-wcWN29NufMQ-unsplash

supply-chain
Canaan Plunges as Inventory Issues Slashed Q4 Bitcoin Mining Machine Sales
Despite bull-market-driven demand for the company’s bitcoin mining machines, Canaan’s Q4 revenue plummeted due to COVID-related supply chain issues.
supply-chain

canaan, mining
Former Canaan Directors to Guide Chinese Gaming Firm's Pivot to Crypto Mining
Former directors of Canaan Inc. are investing in the Shanghai firm and will help launch its new mining subsidiary.
canaan, mining

Mining, Bitcoin miners, fans (Michal Bednarek/Shutterstock)
Bitcoin Mining Equipment Maker Canaan Sets $10M Buyback Program
The board of directors of bitcoin mining manufacturer Canaan approved a buyback program Monday for its lagging shares.
Mining, Bitcoin miners, fans (Michal Bednarek/Shutterstock)

Canaan co-Chairman Kong Jianping https://www.coindesk.com/wp-content/uploads/2019/10/AIFhHmyk8-FBcYOz7TZNEtiGTGT7uw.jpeg
Bitcoin Miner Maker Canaan Drops 3 Directors in Possible Boardroom Coup
Sources speaking to Chinese media said a dispute at Canaan Creative has led to a power grab by now-Executive Director Nangeng Zhang.
Canaan co-Chairman Kong Jianping https://www.coindesk.com/wp-content/uploads/2019/10/AIFhHmyk8-FBcYOz7TZNEtiGTGT7uw.jpeg

Crypto mining machines
Bitcoin Miner Maker Canaan's Stock Hits Record Low 1 Month After Halving
Shares of Canaan Creative, one of the few publicly traded crypto miner manufacturers, fell below $2 Monday, their lowest after going public last year.
Crypto mining machines

Avalon
Canaan Reports $5.6M Loss in Q1 Despite Bitcoin Miner Price Cut
The China-based manufacturer had cut the pricing for its bitcoin miners by half during the first three months.
Avalon

shutterstock_1624209751
How the Long Tail of the Coronavirus Might Slow Bitcoin's Hash Power Growth
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.
shutterstock_1624209751

Avalon
Canaan’s Post-IPO Stock Plunge Reveals Sales Slump, Price War With Bitmain
Cryptocurrency mining computer-maker Canaan Inc. may have picked the worst time for its initial public stock offering.
Avalon

Canaan chairman Kong Jianping
Avalon Bitcoin Miner Maker Canaan Officially Files for $400 Million US IPO
Avalon bitcoin miner maker Canaan Creative has just formally filed for a $400 million US IPO.
Canaan chairman Kong Jianping