Canaan


Markets

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

Markets

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.

Credit: CoinDesk archives

Markets

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.

The coronavirus outbreak could arrest the growth of bitcoin's hash power, as quarantine controls are forcing miner assembly lines to shut down and mining farms to run with skeleton crews. (Image via Robert Wei / Shutterstock)

Markets

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.

Credit: CoinDesk archives

Markets

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

Markets

Bitcoin Miner Maker Canaan Confidentially Files for IPO in US: Report

Canaan Creative, the major bitcoin miner manufacturer, has confidentially filed for an IPO in the U.S., say IFRAsia sources.

Canaan mining machine

Markets

Avalon Bitcoin Miner Maker Canaan Is Plotting Another IPO Attempt

Canaan Creative, manufacturer of the Avalon bitcoin miner, is considering another attempt to go public, sources say. 

Credit: CoinDesk archives

Markets

Hong Kong Stock Exchange CEO Casts Doubt on Crypto Miner IPO Filings

The CEO of the Hong Kong Stock Exchange has seemingly questioned the IPO viability of crypto mining companies in new comments.

HKEX

Markets

Bitcoin Miner Maker Canaan Considering New York IPO: Report

China-based Canaan, the second largest manufacturer of bitcoin mining devices, is considering an IPO in the U.S., according to Bloomberg.

us, flag

Markets

A New Line of Powerful ASIC Miners Is Coming to Ethereum

Chen Min, formerly Canaan's chief chip maker, is releasing a line of ethereum ASICs through her new venture, Linzhi.

linzhi