2022-5-20 14:33 |
Bitcoin mining company Canaan said revenue surged 237% from the year-earlier quarter to $213.9 million.
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Bitcoin miner Canaan disclosed a record second-quarter 2021 results that showed that its total net revenue was $167. 5 million. This is an increase of 507% from $2. 45 million in the same period of 2020 and 168% from $62.
2021-9-16 18:35 | |
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Chinese Bitcoin miner manufacturer Canaan Inc. has reported significant revenue figures for the second quarter of 2021.
2021-9-15 14:56 | |
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The mining rig manufacturer Canaan saw steady profits during the Q1 after reporting its unaudited first quarter 2021 financial results on Tuesday. Canaan noted that it expects to at least sustain current profits or rise above to roughly $150 to $250 million in revenue for Q2.
2021-6-3 00:30 | |
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Canaan shares rose in price by 10% after reporting multiple growth in revenue in the first quarter of 2021, driven by an increase in bitcoin mining. Overseas markets drove the growth.
2021-6-8 20:43 | |
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The bitcoin mining company generated 75% more BTC in Q1 of 2021 than in 1Q20. Meanwhile, mining machine maker Canaan is reporting supply chain disruptions impacting its revenue. The post Riot Blockchain Now Holds 1,565 BTC on Balance Sheet After Mining 104 BTC in March first appeared on BitcoinExchangeGuide.
2021-4-14 20:49 | |
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The Bitcoin miner manufacturer saw its year-on-year revenue tumble amid supply chain disruptions and a global chip shortage.
2021-4-13 15:53 | |
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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 shares are down 23% in August.
2020-9-1 23:29 | |
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The Bitcoin mining industry is facing an overhaul in mining equipment production as three of the top mining pools – Bitmain, Ebang, and Canaan – all aim at introducing AI chips in the future. Since the launch of Bitcoin, miners have pocketed over $14 billion in rewards, but this revenue is slowly diminishing as new, […]
2020-8-20 19:47 | |
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A Canaan insider says that the Q1 revenue of one of the leading Bitcoin manufacturers plunged 80 percent compared to the previous year
2020-5-19 19:11 | |
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Canaan’s revenue promises are based on at least one bogus contract, according to analysts
2020-3-5 14:57 | |
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Mixed financial results for Canaan as IPO nears
2019-11-7 10:52 | |
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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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Canaan Creatives, the world’s second-largest bitcoin mining chipmaker, has raised ‘hundreds of millions of dollars’ in a new financing round. STCN reported that the latest funding pushed Canaan’s worth to at least a billion dollar.
2019-3-12 14:17 | |
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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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Shares of Nvidia plunged as much as 17 percent in after-hours trading on the Nasdaq Stock Market on Thursday, after the U. S. bitcoin mining equipment maker reported unexpectedly weak revenue for the third quarter.
2018-11-16 17:30 | |
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Bitmain — the largest and most established manufacturer of cryptocurrency mining chips — is considering an IPO, or initial public offering. This could potentially open the company’s books to the world and allow the stock market to assign the company real-time value.
2018-6-11 01:34 | |
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Former Twitter CEO Jack Dorsey predicts Bitcoin could reach at least $1 million by 2030, citing Bitcoin's collaborative ecosystem and growing mainstream adoption as key price drivers.
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Founded at Harvard, Botanix Labs raises millions to build the first Bitcoin-native Layer 2 primitive with full EVM equivalence — Spiderchain.
Key takeaways London-based Revolut has launched Revolut X to compete with leading crypto exchanges. Bitbot’s presale has now officially crossed the $3. 2 million mark. Revolut X is now live for experienced traders Financial institutions continue to troop into the cryptocurrency space and London-based Revolut will not be left out.
QCP Capital secures initial approval to operate in Abu Dhabi, expanding its crypto options trading services to the Middle East. The post QCP Capital secures preliminary approval to operate in Abu Dhabi appeared first on Crypto Briefing.
