
Canaan Inc.
Miners’ AI pivot proving no refuge from downward spiral
The future remains bleak for miners, even those who pivoted to AI data centers for survival, as BTC struggles to...
Block reward miners put on brave face as BTC price craters
Block reward miners in the crypto space are trying to be optimistic despite the dramatic retreat in the price of...
BTC miners end 2024 on a bubbly high, but uncertainty awaits
BTC miners closed 2024 on a relatively high note, thanks to the token’s fiat price spike over the last two...
BTC miner Canaan records $80 million Q3 loss
Canaan cited a dip in the price of BTC and a slowdown in the ASIC rig sales for its loss...
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...
Canaan Q4 revenue drops 80% as demand for block reward miners dips
Canaan saw its total computing power sold dip 75% from Q4 2021, with revenue taking a similar dip, but its...
Viewing 1-6 out of 6 articles
Recent
Trending
Most Views