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Nangeng Zhang

Canaan Q4 revenue drops 80% as demand for block reward miners dips

Tech

Steve Kaaru

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...

ASIC firm Canaan’s Q3 income plummets 90%

Tech

Steve Kaaru

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...

Canaan Q2 earnings surge amid volatile digital currency market

Business

Jacob Rozen

19 September, 2021

Canaan Q2 earnings surge amid volatile digital currency market

In its quarterly earnings report, Canaan said it sold 5.9 million terahashes per second (TH/s) of hashing power during the...

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Steven Stradbrooke

25 Aug 2026

Nangeng Zhang

Canaan Q4 revenue drops 80% as demand for block reward miners dips

ASIC firm Canaan’s Q3 income plummets 90%

Canaan Q2 earnings surge amid volatile digital currency market

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