
Canaan Inc.
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...
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