Canaan

Some block reward miners ditch AI for BTC; others ditch BTC for ETH
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26 June, 2025

Some block reward miners ditch AI for BTC; others ditch BTC for ETH

Some block reward miners are making strategic moves as they figure out how to turn a profit from this sector;...
US miners’ share grows as Chinese ASIC makers put down US roots
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20 June, 2025

US miners’ share grows as Chinese ASIC makers put down US roots

JPMorgan declared this week that the combined share of the 13 U.S. mining operators accounts for 31.5% of the overall...
Mining Disrupt 2025
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16 April, 2025

Mining Disrupt 2025

Mining Disrupt 2025 showcases the present state of block reward mining, its adaptive future, and the potential risks that could...
BTC miner Canaan posts $110M net loss in Q2 despite improved revenues
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1 September, 2023

BTC miner Canaan posts $110M net loss in Q2 despite improved revenues

Canaan recorded $110 million in losses despite hitting an uptick in revenue at $74 million, with inventory write-down and equipment...
ASIC firm Canaan’s Q3 income plummets 90%
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18 November, 2022

ASIC firm Canaan’s Q3 income plummets 90%

Canaan’s Q3 revenue dropped by 41% while gross profit dipped by 75%, but the company says it will continue to...
Chinese block reward mining chip designer files for Nasdaq IPO with SEC
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19 June, 2022

Chinese block reward mining chip designer files for Nasdaq IPO with SEC

Nano Labs was founded by Jianping and Sun Qifeng, former executives of Canaan, which currently produces HTC chips used in...
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