12-22-2024 
Canaan
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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...
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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...
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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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11 November, 2021
ASIC maker Canaan sues chip developer Highsharp over patent infringement
Canaan wants $14 million from China’s Highsharp, a chip developer which has partnered with AGM Holdings, the newest entrant in...
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19 September, 2021
Canaan Q2 earnings surge amid volatile digital currency market
In its quarterly earnings report, Canaan said it sold 5.9 million terahashes per second (TH/s) of hashing power during the...
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9 May, 2021
Canaan inks new deals injecting capital into firm
The NASDAQ-listed blockchain mining hardware maker announced this week that it entered a purchase order agreement with Genesis Digital Assets...
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