2022-8-19 13:42 |
Supercomputing services provider Canaan (CAN) said Q2 revenue increased by 53% from the year-earlier quarter, but warned of the downward pressure on its performance from the tougher market conditions in the quarters ahead. origin »
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Canaan Inc. (NASDAQ: CAN) Chief Executive Officer Nangeng Zhang believes the Bitcoin (BTC/USD) mining hardware provider, and the broader sector, could see “prolonged headwinds” in the next few months as the crypto market battles the downside pressure that’s thwarted bulls since the fourth quarter of last year.
2022-8-18 16:50 | |
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Bitcoin mining company Canaan said revenue surged 237% from the year-earlier quarter to $213.9 million.
2022-5-20 14:33 | |
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The combination of an expanding customer base and higher average selling price drove the better-than-expected quarter.
2022-3-4 17:19 | |
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Chinese Bitcoin miner manufacturer Canaan Inc. has reported significant revenue figures for the second quarter of 2021.
2021-9-15 14:56 | |
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Canaan CEO Edward Lu said the company's sales grew by more than 80% in the first quarter
2021-6-30 11:29 | |
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The mining rig manufacturer Canaan saw steady profits during the Q1 after reporting its unaudited first quarter 2021 financial results on Tuesday. Canaan noted that it expects to at least sustain current profits or rise above to roughly $150 to $250 million in revenue for Q2.
2021-6-3 00:30 | |
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Canaan shares rose in price by 10% after reporting multiple growth in revenue in the first quarter of 2021, driven by an increase in bitcoin mining. Overseas markets drove the growth.
2021-6-8 20:43 | |
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Canaan Creative, the Chinese maker of bitcoin mining hardware, reported a net loss of $2. 4 million during the second quarter of 2020, down from $5. 6 million in the previous quarter. It is the second consecutive quarter of narrowing losses for the firm, hit hard by falling demand amid the Covid-19-induced global recession.
2020-9-3 08:00 | |
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Canaan, one of the leading manufacturers of bitcoin mining machines, has released an unaudited financial report for the second quarter of 2020. The information that was released on August 31st suggested a profitable quarter and even a gross profit for a year over year.
2020-9-1 20:30 | |
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Canaan Inc, a leading Chinese Bitcoin mining hardware manufacturer published its unaudited second quarter (2020) financial results. As per the report, the company’s gross profit increased year over The post Bitcoin mining rig manufacturer Canaan posted net loss, CEO cites Covid-19 and BTC halving appeared first on AMBCrypto.
2020-9-1 01:11 | |
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Bitcoin mining rig manufacturer Canaan Creative reported a net loss of $5. 6 million for the first quarter of 2020, down from $9. 5 million a year earlier. The Chinese company cut prices of its ASIC-based machines by over 50% in an effort to improve sales, but that wasn’t enough to prevent the heavy loss.
2020-5-24 06:01 | |
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The first major bitcoin miner to go public on the US stock market rebounded slightly after a drop in the fourth quarter
2020-2-13 08:30 | |
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Ebang, one of China’s top manufacturers of bitcoin miners, is planning to produce 400,000 mining machines in 2019. On February 22, 2019, Ebang reportedly announced this plan to expand dramatically throughout the fiscal year.
2019-2-26 22:09 | |
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Shares of Nvidia plunged as much as 17 percent in after-hours trading on the Nasdaq Stock Market on Thursday, after the U. S. bitcoin mining equipment maker reported unexpectedly weak revenue for the third quarter.
2018-11-16 17:30 | |
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Key takeaways The U. S. SEC has approved a spot Bitcoin and Ethereum ETF. The iDEGEN presale ends in 25 days, with nearly $19 million raised. SEC Approves Bitwise’s Bitcoin and Ethereum ETF The United States Securities and Exchange Commission (SEC) has approved the launch of the Bitwise Bitcoin and Ethereum exchange-traded fund (ETF).
Key takeaway Dogizen is the first Telegram ICO, raising nearly $4m in its presale so far. The project is a direct competition to Catizen, the popular cat-themed game on Telegram. What is Dogizen? Dogizen is an exciting project that prides itself as the first Telegram ICO.
Coinbase expands its advisory council with Trumps 2024 strategist and former NY Fed president, strengthening its regulatory strategy. The post Coinbase taps Trump’s 2024 strategist and former NY Fed president for its advisory council appeared first on Crypto Briefing.
Trump Media launches Truth.Fi, planning a $250M investment in fintech, ETFs, and Bitcoin as it expands into financial services. The post Trump Media launches new fintech platform Truth.Fi, allocating $250M to Bitcoin and ETFs appeared first on Crypto Briefing.
a16z refocuses on US crypto opportunities post-Trump's re-election, scaling back UK operations amid pro-crypto executive orders. The post a16z cuts UK crypto plans as it shifts focus to Trump-era US opportunities appeared first on Crypto Briefing.
MEXC, the world’s leading cryptocurrency trading platform, announced the launch of the Jambo (J), an innovative on-chain mobile network project. The launch will be accompanied by Airdrop+ rewards of 28,000 J, 5,000 MX and 50,000 USDT.
Coinbase reintroduces Bitcoin-backed loans via Morpho integration, allowing USDC borrowing without selling Bitcoin. The post Coinbase brings back Bitcoin-backed loans with Morpho’s DeFi integration appeared first on Crypto Briefing.