Canaan
Mining-Rig Maker Canaan Q1 Revenue More Than Triples
Canaan shares climbed after first-quarter earnings beat one analyst's estimates.
Global NFT Sales Rise; Hong Kong Embraces NFTs
Bitcoin tumbles with Nasdaq’s worst performance since 2020. Chinese mining rig maker Canaan placed on SEC pre-delisting list. NFT market breaks out of bear territory. Hong Kong sees explosion in NFT exhibitions. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
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.
Ukraine Legalizes Crypto; Korea’s Crypto Policy Ideas
Ukraine’s President Zelenskyy signs digital assets bill into law. China’s Canaan to buy back up to $100M shares to drive value. Korea’s digital asset experts set out ideas for shaping up crypto policies. More on these stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
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.
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.
Alibaba and Canaan’s AI team up; AI makes NFT
Korean university to issue NFT graduation certificates. Alibaba and Canaan team up on AI. Auction data to make Valentine’s NFT bloom. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
ASIC Maker Canaan Signs Multiple Deals for Expansion in Kazakhstan
Canaan had 10,300 AvalonMiner units in operation in Kazakhstan as of Dec. 31.
ASIC Maker Canaan Delivers 2,000 Mining Rigs to Kazakhstan
Canaan plans to deploy 850,000 TH/s in the near term.
South Korea a Metaverse Hub, NFTs Go From Digital to Physical
Chinese crypto mining hardware manufacturer Canaan reports Q3 earnings. South Korea emerges as a metaverse hub. NFTs start bridging the digital and physical worlds. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
