Crypto mining equipment maker Canaan has seen a steep 12% drop from yesterday's close. This move pushes the leading crypto mining hardware maker precariously close to penny stock territory. Here are ...
Cryptomining and hardware company Canaan has announced a strategic partnership with an energy firm to develop next-generation “green mining” technology. The deal with SynVista Energy aims to ...
BEIJING, Oct. 29, 2021 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), a leading high-performance computing solutions provider, today announced that it has secured a follow-on ...
According to the news outlet, Japan's Ministry of Economy, Trade, and Industry will lead the effort to launch a 4.5-megawatt ...
• Canaan (NASDAQ:CAN) has entered the Bitcoin (CRYPTO: BTC) mining business with deals to jointly operate facilities in Kazakhstan • The move comes as such mining operations become increasingly ...
BEIJING, Jan. 4, 2022 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), a leading high-performance computing solutions provider, today announced that it has entered into strategic ...
"We're pleased to report quarter-over-quarter improvement in our bitcoin mining performance, with monthly production resulting in 89 bitcoins, driven by a stronger bitcoin price and lower average ...
Despite strong orders for its latest-generation Bitcoin mining machines, Canaan stock remains on shaky footing. Investors appear to be bemoaning the company's current fundamentals, which are far from ...
Canaan and other Bitcoin mining-related companies are battling headwinds tied to a sector-specific slowdown in mining activity. A surge in Bitcoin mining difficulty, along with low crypto prices, has ...
"October delivered consistent operational performance, with improvements versus September across deployed hashrate, operating hashrate, North American operation's miner efficiency and installed power ...
"In May 2025, despite the 10% increase in tariffs on our Malaysia-made Bitcoin mining machines due to ongoing U.S. trade uncertainties, we remained focused on executing our strategic priorities with ...