Canaan Creative

Australia’s Mawson Infrastructure Purchases 17.3K Bitcoin Miners From Canaan

The ASIC miners will be deployed across Mawson’s flagship facility in Georgia, US and its Australian site from Q4 2021 through 2022.

News  ·  12 August 2021

Canaan Creative Sees Miner Sales Rise Amid Soaring Bitcoin Prices

North American presales are up 17% from February, the firm said.

Business  ·  15 March 2021
Bitcoin Mining

Mining Machine Manufacturer Ebang to Start Mining Bitcoins for Itself

The new venture is expected to increase revenue and "optimize" its product offering structure.

Markets  ·  17 February 2021
Bitcoin Mining

Mining Machine Maker Canaan Rises 20% as Bitcoin Reaches a New All-Time High

Canaan shares have gained 230% so far in February.

Markets  ·  16 February 2021
Bitcoin Mining

Canaan CFO Resigns Citing ‘Personal Reasons’

The company's director of finance will serve as acting CFO.

Markets  ·  9 February 2021
Bitcoin Mining

Gaming Company The9 Agrees to Buy 26,000 Bitcoin Mining Machines

The company says a "majority" of the ASICs are already deployed.

Markets  ·  25 January 2021
Bitcoin Mining

Hive Blockchain Buys 6,400 Mining Machines From Canaan to Reach 1,200 PH/s

Delivery of the new machines is set to start in May.

Markets  ·  19 January 2021
Bitcoin Mining

Riot, Marathon, Canaan See Record Monthly Share Gains as Bitcoin Clears All-Time High

Mining companies are soaring as bitcoin hits record highs.

Markets  ·  30 November 2020
Bitcoin Mining

Canaan Reports $12M Q3 Loss, Says There’s ‘Rebounding Demand’ for Mining Machines

Mining hardware manufacturer Canaan Creative reported a Q3 net loss that is more than quadruple its Q2 loss.

Markets  ·  30 November 2020
Bitcoin Mining

Canaan Shares Dipped Only 2% in Q3 in Fourth Straight Quarterly Drop

The Nasdaq-listed mining manufacturer dropped 2% in Q3.

Markets  ·  30 September 2020
Bitcoin Mining

Canaan’s Q2 Loss Narrows to $2.4M From Q1 on 160% Revenue Increase

Canaan shares are down 23% in August.

Markets  ·  31 August 2020

Bitcoin Miner Maker Canaan’s Stock Hits Record Low 1 Month After Halving

Shares of Canaan Creative, one of the few publicly traded crypto miner manufacturers, fell below $2 Monday, their lowest after going public last year.

Markets  ·  15 June 2020
Bitcoin Mining

Bitcoin Miner Maker Canaan Lost $148M in 2019

The Chinese bitcoin miner manufacturer has disclosed it made a net loss of $148.6 million for 2019 on a revenue of $204.3 million.

Business  ·  9 April 2020

Bitcoin’s Plunge Was Foreshadowed by Miner Inventory Data

Bitcoin’s recent price drop has caught many investors off guard. However, a key metric showing worry among the miners gave a warning several weeks ago.

Markets  ·  9 March 2020

Bitcoin Miner Maker Canaan Sets $100 Million Target for US IPO

Canaan, the world's second-largest bitcoin miner maker, is aiming to raise $100 million with its initial public offering.

Markets  ·  14 November 2019