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Canaan
Renaissance Technologies Amassed $140M Position in Mining Stocks In Q1
The quantitative hedge fund placed heavy bets on Riot, Marathon and Canaan in early 2021.
Canaan to Supply 11,760 Bitcoin Miners to Mawson’s Australian, US Operations
The Chinese bitcoin miner manufacturer will ship and install A1246 ASIC AvalonMiners for Mawson Infrastructure.
Bitcoin Price Lifts Crypto Stocks Ahead of Coinbase Listing
Michael Saylor’s MicroStrategy was up 18.5% in global markets. His firm’s bitcoin proxy stock wasn’t alone in seeing green.
Canaan Plunges as Inventory Issues Slashed Q4 Bitcoin Mining Machine Sales
Despite bull-market-driven demand for the company’s bitcoin mining machines, Canaan’s Q4 revenue plummeted due to COVID-related supply chain issues.
Former Canaan Directors to Guide Chinese Gaming Firm's Pivot to Crypto Mining
Former directors of Canaan Inc. are investing in the Shanghai firm and will help launch its new mining subsidiary.
Bitcoin Mining Equipment Maker Canaan Sets $10M Buyback Program
The board of directors of bitcoin mining manufacturer Canaan approved a buyback program Monday for its lagging shares.
Bitcoin Miner Maker Canaan Drops 3 Directors in Possible Boardroom Coup
Sources speaking to Chinese media said a dispute at Canaan Creative has led to a power grab by now-Executive Director Nangeng Zhang.
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.
Canaan Reports $5.6M Loss in Q1 Despite Bitcoin Miner Price Cut
The China-based manufacturer had cut the pricing for its bitcoin miners by half during the first three months.
How the Long Tail of the Coronavirus Might Slow Bitcoin's Hash Power Growth
The shortage of new mining machines caused by the coronavirus outbreak could curb computing power growth from Chinese miners who contribute over 65% of Bitcoin’s hash power.
