Hive Blockchain ramps up hardware inventory
Canada-based Hive Blockchain Technologies Ltd. announced it exceeded its ASIC capacity goal of 1,000 PH/s through the purchase of 6,400 Canaan AvalonMiner 1246 next-generation miners.
Latest Canaan News
Canaan releases new next-gen ASIC miner
The hardware manufacturer designed the Avalon Immersion Cooling Miner A1066I to be noiseless and eco-friendly.
Gaming firm The9 stock soars on news its entering block reward mining
To enable the transition to block reward mining, the NASDAQ listed company signed a binding investment term sheet with several former board directors of ASIC hardware manufacturer Canaan.
BTC price surge cannot stop Canaan’s revenue from shrinking
The NASDAQ listed hardware manufacturer reported a net loss of $12.7 million in Q3 despite a BTC price jump during the same period.
Canaan still losing money but slower
Canaan Creative has reported a Q2 2020 net loss of $2.38 million, an improvement over the prior Q1's reported loss of $5.64 million loss.
Another shakeup inside Canaan Creative leads to 4 execs ouster
U.S.-listed ASIC hardware manufacturer Canaan Creative reportedly removed four executives from its listing.
Ebang seeks to join US-listed Chinese Bitcoin miner manufacturers
Like Canaan, which raised $90 million in its 2019 public listing, Ebang feels the U.S. market offers them the best chance for expansion.
Embattled Canaan rolls out 2 new ASIC rigs
NASDAQ-listed Canaan Creative has released two new ASIC mining rigs, which offer lower hash power compared to its competitors.
Struggling Canaan offloads shares to employees
Canaan has filed an S-8, a form the U.S. SEC requires companies to file if they are looking to issue equity to their employees.
Nasdaq crackdown spells trouble for Chinese blockchain firms
Nasdaq will be making it more difficult for foreign companies, including blockchain firms, to list on its exchange.
Canaan Q1 earnings show rough road ahead for BTC block reward miner
The bad news continues to mount for Hangzhou-based ASIC hardware maker Canaan Inc.
China blockchain firms may lose access to US capital markets
The U.S. Senate took steps toward forcing Chinese companies to adhere to transparency rules or risk losing access to U.S. stock exchanges.
