Canaan
India Crypto Feud Continues; Korea Mining Thief Busted
India’s crypto industry takes matters into its own hands. Canaan offers service in Kazakhstan as miners flee China, and a crypto thief in Seoul is busted. More on that story and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
Canaan Forecasts Second-Quarter Revenue as High as $250M
The mining equipment maker said total shipments for the second quarter would either maintain or surpass Q1 2021.
Bitcoin Price, Foreign ASIC Demand Drive Profitable Q1 for Miner Producer Canaan
Canaan's overseas business is growing, a testament to the undercurrent of miners leaving China for other jurisdictions.
Renaissance Technologies Amassed $140M Position in Mining Stocks In Q1
The quantitative hedge fund placed heavy bets on Riot, Marathon and Canaan in early 2021.
Canaan to Supply 11,760 Bitcoin Miners to Mawson’s Australian, US Operations
The Chinese bitcoin miner manufacturer will ship and install A1246 ASIC AvalonMiners for Mawson Infrastructure.
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.
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.
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.
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.
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.
