
Crypto miner maker Canaan eyes going public in New York: report
One of Bitmain’s crypto mining rivals, Canaan Creative, has reportedly shelved its Hong Kong initial public offering (IPO) plan and moved on to greener pastures—New York.
One of Bitmain’s crypto mining rivals, Canaan Creative, has reportedly shelved its Hong Kong initial public offering (IPO) plan and moved on to greener pastures—New York.
Canaan Creative is poised to dethrone the current largest manufacturer of cryptocurrency mining equipment with new mining rig and other advancements in the crypto mining space.
Bitmain is reportedly considering an initial public offering, in a move that could set new records for the cryptocurrency space.
Canaan Creative, China’s second-largest mining hardware manufacturer, hopes to capture a large chunk of the market and is preparing to launch an initial public offering on the Hong Kong Stock Exchange.