2020-12-1 20:06 |
Mining hardware manufacturer Canaan Creative reported a Q3 net loss that is more than quadruple its Q2 loss.
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Since an underwhelming IPO back in Nov. 2019, the miner maker has endured a turbulent time with its stock price taking a beating earlier in the year. Quarterly Losses Continue for Canaan In its unaudited financial report for Q3 2020 published on Nov.
2020-12-1 21:25 | |
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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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Canaan shares are down 23% in August.
2020-9-1 23:29 | |
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Since its IPO, Canaan has faced a host of problems. In fact, its Q4 filings with the SEC revealed that the company had reported a net loss of $5.6 million in Q1 2020, a figure that was 41% lower when The post Canaan's loss might be Bitmain, Whatsminer's gain appeared first on AMBCrypto.
2020-5-30 11:00 | |
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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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The China-based manufacturer had cut the pricing for its bitcoin miners by half during the first three months.
2020-5-23 15:17 | |
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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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The new venture is expected to increase revenue and "optimize" its product offering structure.
The company's director of finance will serve as acting CFO.
Canaan shares are down 23% in August.
Shares of Canaan Creative, one of the few publicly traded crypto miner manufacturers, fell below $2 Monday, their lowest after going public last year.
Китайская компания Canaan Creative в первом квартале 2020 года оснастит свое оборудование для майнинга 5-нм чипами. Новости криптовалют.
В майнерах Canaan появятся 5-нм чипы
Coinspeaker After IPO Canaan’s Stock Loses about 35% of Its ValueCanaan's stock prices has fallen after IPO as the cryptocurrency mining equipment manufacturer is struggling to survive its business.