12-19-2025 
Nangeng Zhang
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4 December, 2025
Block reward miners face the worst economics in BTC history
BTC miners face unprecedented challenges with plummeting profits, rising costs, and a shift towards AI, marking a critical moment in...
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26 June, 2025
Some block reward miners ditch AI for BTC; others ditch BTC for ETH
Some block reward miners are making strategic moves as they figure out how to turn a profit from this sector;...
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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...
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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...
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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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18 November, 2022
ASIC firm Canaan’s Q3 income plummets 90%
Canaan’s Q3 revenue dropped by 41% while gross profit dipped by 75%, but the company says it will continue to...
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