2021-6-30 11:29 |
Canaan CEO Edward Lu said the company's sales grew by more than 80% in the first quarter
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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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Canaan?s mining equipment sales infected by the virus as the company sees a quarterly net loss of $5.6 mln
2020-5-22 17:35 | |
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By the looks of it, Chinese cryptocurrency mining ASIC manufacturer Canaan chose the wrong time to conduct its IPO. Since it’s share got listed on Nov. 20, it has lost 43% of its value. During this same period, Bitcoin’s price has been down over 8%.
2019-12-20 22:09 | |
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Cryptocurrency mining computer-maker Canaan Inc. may have picked the worst time for its initial public stock offering.
2019-12-18 00:00 | |
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The Chinese bitcoin miner manufacturer Canaan is seeing huge demand for its AvalonMiner product lately and expects this to rise in 2020. The post Canaan Expects $1 Billion-Plus from AvalonMiner Sales in 2020 appeared first on Bitcoin Magazine.
2019-10-19 18:59 | |
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Bitmain’s long-anticipated initial public offering (IPO) filing with the Hong Kong Stock Exchange is officially a bust. The mining titan’s IPO expired on Tuesday, March 26, 2019.
2019-3-26 00:22 | |
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ASIC chip manufacturer Canaan Creative is closing the gap between itself and industry leader Bitmain after a massive infusion of capital. In its latest funding round, the Chinese mining company has raised several hundred millions of dollars, Chinese publication Securities Times reports.
2019-3-14 00:05 | |
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Ebang, the third largest mining equipment producer, plans to make at least 400,000 of its Ebit mining rigs in 2019. The company commands a 9. 2% share of the global mining hardware market, lying behind only Bitmain and Canaan.
2019-2-23 01:00 | |
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