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Canaan

Hive Blockchain ramps up hardware inventory
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24 January, 2021

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 releases new next-gen ASIC miner
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10 January, 2021

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
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8 January, 2021

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...
BTC price surge cannot stop Canaan’s revenue from shrinking
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4 December, 2020

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...
Canaan still losing money but slower
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9 September, 2020

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...
Another shakeup inside Canaan Creative leads to 4 execs ouster
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17 July, 2020

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.
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