2023-11-28 18:41 |
Canaan reports significant mining loss in Q3 2023 but reflects a resilient year-on-year performance.
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Bitcoin mining firm Canaan posts second quarter financials, with BTC mining revenue up 43% from Q1 2023, though net losses also rose 31% to $110 million.
2023-8-29 15:37 | |
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Canaan (CAN), a producer of bitcoin mining equipment, said net income slumped 88% in the third quarter due to "negative market dynamics."
2022-11-14 13:44 | |
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Canaan, which is a leading Bitcoin mining hardware company, announced its strategic collaboration with crypto mining firms in Kazakhstan to bolster the joint mining business in the region. Canaan enters into strategic alliances with Kazakh crypto mining firms Canaan on Tuesday announced that it had successfully deployed 10,300 AvalonMiner units in Kazakhstan.
2022-1-6 04:00 | |
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The cryptocurrency mining industry could soon start to hedge risks by using derivative products. GSR, a global leader in digital asset trading announced in a press release on December 20, that they are partnering with the crypto mining giant Canaan to bring professional risk management and execution services to Canaan’s mining network. GSR and Canaan […]
2019-12-20 20:04 | |
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Things are not looking rosy for Chinese bitcoin mining giant Canaan after day one of trading and they could get far worse today. BTC has dumped almost 4. 5% in 24 hours and crypto markets have shed $10 billion in total so a red Friday is about to begin.
2019-11-22 10:35 | |
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The long awaited IPO from Chinese Bitcoin mining hardware manufacturer Canaan Inc kicked off yesterday. The $90 million public offering was a little underwhelming considering previous valuations and the firm ended its first day trading flat.
2019-11-22 07:00 | |
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The first Initial Public Offering (IPO) of a bitcoin company has completed successfully in America according to SEC filings. Canaan, the world’s biggest bitcoin mining manufacturer after Bitmain, sold 10.
2019-11-21 20:22 | |
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The much-anticipated IPO for the mining manufacturer raises only $90 million. A month ago, Canaan planned to raise as much as $400M.
2019-11-21 18:46 | |
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Coinspeaker China’s Bitcoin Mining Firm Canaan Manages to Raise Only $90 Million through IPOAs per its previous plans, Canaan was looking to raise anywhere around $400 million but fell short by 75% of its target.
2019-11-21 16:44 | |
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Canaan Creative, a major mining equipment manufacturer, has launched an Initial Public Offering. The company is best known for its AvalonMiner line of ASIC devices, which are designed for use in Bitcoin mining.
2019-11-22 15:31 | |
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Китайская майнинговая компания Canaan Creative привлекла $90 млн в ходе первичного размещения акций в США. Фирма стала первопроходцем среди производителей майнеров. Canaan, a maker of Bitcoin mining machines, raised $90 million after pricing its U.
2019-11-21 13:29 | |
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Canaan Inc. , a major Bitcoin mining machine manufacturer, recently turned heads in the crypto-industry after it was revealed that the organization was planning to go public with its Initial Public OffThe post Canaan Inc.
2019-11-21 09:41 | |
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Mining giant Canaan Creative is set to launch its IPO later this month. The Avalon miner maker proceeds with its IPO despite massive devaluations. The company appears to be betting on a strong bull market, which would dramatically increase demand for mining equipment.
2019-11-14 18:13 | |
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Canaan Mining’s IPO in New York may raise only $100 million, at least based on recent edits to the prospectus. The company will aim to list on NASDAQ and become the first Chinese mining equipment producer to trade as a public stock.
2019-11-14 15:30 | |
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Cryptocurrency mining equipment manufacturer, Canaan Inc., was recently in the headlines after news of its Initial Public Offering [IPO] application in the United States broke out. The firm filed an aThe post Canaan updates IPO application; now plans to raise $100 million appeared first on AMBCrypto.
2019-11-14 07:20 | |
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Bitcoin mining giants Bitmain Technologies and Canaan Creative seem to have found a new area of competition — launching a U. S. IPO. Both companies are set to go head to head in trying to one-up the other in what could be the first-ever crypto-related public offering in the United States.
2019-11-13 20:00 | |
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After the bear market of 2018, Bitcoin has performed well in 2019. Two Chinese Bitcoin mining giants, Bitmain and Canaan, want to capitalize by taking the companies public.
2019-11-13 20:00 | |
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Coinspeaker China’s Bitcoin Mining Firm Canaan Creative to Launch Its IPO Next Week on NasdaqFailing to go public on the China and Hong Kong exchanges, Canaan now will make its public listing through the Nasdaq platform.
2019-11-12 16:37 | |
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The IPO of Canaan Mining is viewed with mixed emotions, seen as either a breakthrough or an attempt to secure funds.
2019-11-12 15:59 | |
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Chinese bitcoin mining hardware maker, Canaan, plans to raise $400 million through public sale of its stocks. But will the IPO ride be smooth or bumpy? Volatility is usual for bitcoin and crypto market participants.
2019-11-12 11:42 | |
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Critics are divided over Bitmain and Canaan Creative’s IPO bids. Plouton Mining CEO Ramak J. Sedigh told Cointelegraph: “The road forward becomes much harder and the climb to success steeper”
2019-11-3 17:10 | |
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Bitmain Technologies, the world’s leading manufacturer of Bitcoin mining equipment, has secretly filed for an initial public offering (IPO) with the U. S. Securities and Exchange Commission (SEC). Bitmain’s application comes just a few days after its primary competitor, Canaan Creative, made its IPO intentions known to the financial authority.
2019-10-30 16:00 | |
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The London-based exchange Cryptophyl is a trading platform focused on the Simple Ledger Protocol (SLP) and bitcoin cash (BCH) ecosystem. On October 29, the exchange announced the launch of the first fiat on-ramp to obtain well-known SLP tokens.
2019-10-30 14:40 | |
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Mining rig manufacturer Canaan has filed for an IPO with the U. S. Securities and Exchange Commission to raise $400 million on the Nasdaq Global Market. Prior to this filing, the company had also attempted to go public in Hong Kong and China.
2019-10-30 04:30 | |
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Bitcoin mining giant Bitmain is once again reportedly undergoing an upheaval within its upper hierarchy. Bitmain’s ex-figurehead Jihan Wu seems to be calling the shots, dismissing co-founder Micree Zhan.
2019-10-29 22:00 | |
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Canaan Creative, the world’s second-largest Bitcoin mining machine manufacturer after Bitmain, has filed for a $400 million initial public offering (IPO) with the United States Securities and Exchange Commission (SEC).
2019-10-29 18:00 | |
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Canaan Creative, one of the largest Bitcoin mining hardware manufacturers, has just filed to publically list on the Nasdaq. The firm plans to raise $400M. A Chinese company based in Hangzhou is trying to list an IPO on Nasdaq and raise some $400M.
2019-10-29 17:13 | |
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Beijing-based Canaan Creative, a leading manufacturer of blockchain servers and solutions for repetition ASIC chips, has again filed to go public (this time in the US markets). The company, which is one of the world’s...
2019-10-29 09:44 | |
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Crypto mining giant Canaan has filed for an initial public offering with the U.S SEC to raise $400 million
2019-10-29 02:57 | |
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Unconfirmed reports have reported that Canaan, a Chinese mining giant for crypto, aims to list in the US market as a publicly-traded company in November 2019. According to the source that is aware of the matter, this Avalon miner producer will be issuing 126 million shares, and the firm is said to have a valuation […]
2019-10-12 18:59 | |
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Bitmain Technologies and Canaan Creative have announced new mining rigs that process roughly 58-73 terahash per second (TH/s). Sources also reveal that Canaan’s initial public offering (IPO) could be listed in the U.
2019-10-12 04:18 | |
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Chinese crypto mining giant Canaan Creative plans to be listed as a publicly traded company in the U.S. in November 2019, sources say
2019-10-13 21:49 | |
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One of the biggest bitcoin mining manufacturer is to IPO according to the unnamed sources of a credible China based local media. They say Canaan Creative “will be listed in... The post Rumors Bitcoin Mining Giant to IPO in US Next Month appeared first on Trustnodes.
2019-10-11 16:43 | |
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Bitmain and Canaan have launched new bitcoin mining devices, delivering higher hash rates at lower energy costs, in anticipation of the upcoming Bitcoin halving. The post Bitmain, Canaan Launch New Miners in Preparation for the Bitcoin Halving appeared first on Bitcoin Magazine.
2019-10-11 19:13 | |
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На саммите New Era Mining в Китае Canaan представил новый ASIC для Ethereum, который более чем в 5 раз эффективнее других доступных графических процессоров. Для мелких майнеров это не сулит ничего хорошего, и потенциально повышает централизацию сети.
2019-9-26 15:15 | |
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Canaan unveiled a new Ethereum ASIC that’s more than 5-times more efficient than commercially available GPUs. This doesn’t bode well for small-scale miners and threatens to potentially increase centralization of the network.
2019-9-26 06:22 | |
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Samsung’s patent for a programmable blockchain SSD could cause worry for Bitmain, Canaan, Ebang and other mining producers
2019-9-24 18:40 | |
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After not getting permission from the Hong Kong Stock Exchange, Chinese mining equipment manufacturer Canaan Creative applied for its initial public offering in the United States.
2019-8-2 19:42 | |
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A major Bitcoin (BTC) miner manufacturer from China called Canaan Creative is rumored to have just filed for an Initial Public Offering (IPO) in the United States. According to IFRAsia, some inside sources have claimed that the Chinese company wants to be listed on the U. S. and has the goal of acquiring $200 million […]
2019-7-31 22:17 | |
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The Chinese maker of Bitcoin mining hardware Canaan Creative is allegedly seeking to go public in the U. S. Per a report which appeared on a Chinese social media platform, Canaan has already filed the application documents with the Securities and Exchange Commission.
2019-7-31 13:45 | |
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Coinspeaker Bitcoin Miner Canaan Creative Files For An IPO In the United StatesThrough this Bitcoin mining IPO, Canaan plans to raise $200 million from the public. This is the company's second attempt for public filing.
2019-7-31 12:17 | |
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Немецкая компания Northern Bitcoin намерена удвоить свои вычислительные мощности и приобрести у крупнейших производителей майнеров Bitmain и Canaan Creative около пяти тысяч новых устройств. #NorthernBitcoin doubles its mining capacity from 57 PH/s to around 112 PH/s — Acquisition of 4,475 ASIC Miners — Further significant expansion steps ahead of completionhttps://t.co/ISHcqGirqT — Northern Bitcoin AG (@northernbtc) […]
2019-7-2 17:54 | |
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By CCN Markets: Here we go again. Yet another article has surfaced taking potshots at the perceived threat of Bitcoin’s energy consumption. A recent article out of MIT Technology Review claims that: Mining Bitcoin is a hugely wasteful process.
2019-6-14 14:55 | |
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Fundamental Labs Will Invest $44 Million USD In New Bitcoin Miners A blockchain fund manager called Fundamental Labs is set to invest $44 million UD in new Bitcoin miners. This is a huge bet, as the crypto market is starting to recuperate now but nobody knows fast it will be. The company is backed by […]
2019-5-9 21:55 | |
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The recent bitcoin rally has driven bitcoin mining profits. Profits earned from bitcoin mining have seen a clear rise since the start of April 2019 and hit a near half-a-year high on April 15, 2019.
2019-4-23 19:35 | |
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Last week, mining manufacturer Bitmain launched its latest Antminer 17 series. Now Canaan Creative has published its own device specifications and pricing for the new Avalonminer 10 series that process between 31-33 trillion hashes per second (TH/s).
2019-4-20 17:40 | |
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Canaan Creative has unveiled its new Bitcoin miner called Avalonminer A10. The company is the second largest manufacturer of mining hardware for Bitcoin (BTC). The decision to launch the Avalonminer A10 came after the success of the A9 series.
2019-3-31 01:41 | |
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On March 29, the two largest mining rig manufacturers, Canaan Creative and Bitmain Technologies, announced the sale of their next generation devices that process the SHA-256 algorithm. Both firms are gearing up to sell the new products this spring as a slew of mining operations have been prepping up new facilities in order to take […] The post Manufacturing Giants Bitmain and Canaan Announce Second-Generation Miners appeared first on Bitcoin News.
2019-3-30 19:20 | |
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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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Core Scientific reported a $210. 7 million net income for the first quarter on May 8. The change represents an increase of $211. 1 million from the first quarter of 2023, when the company reported a net loss of $0.
Publicly traded bitcoin mining companies, including Bitfarms, Cipher, CleanSpark, Core Scientific, Riot, and Terawulf, have reported a decrease in production ranging from 6% to 12% for the month of April.
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As summer looms, CryptoQuant warns that Bitcoin miners could face significant challenges ahead, particularly if prices fail to recover substantially during the warmer month. Despite Bitcoin‘s price dipping below the $58,000 mark and prompting weaker investors to sell at current…
Bitcoin mining is becoming increasingly centralized, BitMEX analysts said.