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Canaan Inc.

BTC miner Canaan records $80 million Q3 loss
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1 December, 2023

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
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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...
Canaan Q4 revenue drops 80% as demand for block reward miners dips
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10 March, 2023

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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