Latest Canaan Creative News

Golden coins and red arrow down
Tech 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 scale its R&D projects and mining operations.

bitmain-suspends-new-miner-orders-as-supply-booms
Tech 25 June 2021

Bitmain suspends new miner orders as supply booms

In freezing the sales, Bitmain says it is attempting to prevent customers from incurring losses on new machines, as well as protecting themselves from sustaining more significant losses.