Canaan partners with SynVista to build an AI-driven renewable Bitcoin mining platform with onchain tokenization.
Bitcoin mining and hardware maker Canaan has entered into a partnership to co-develop a renewable-energy adaptive Bitcoin mining platform, expanding its focus on green energy as the industry seeks ...
Canaan’s stock surged on Tuesday after the Bitcoin mining chipmaker delivered its strongest quarterly performance in years, posting a 104% jump in revenue and a return to positive gross profit despite ...
Canaan has entered the bitcoin mining business with deals to jointly operate facilities in Kazakhstan. The move comes as such mining operations become increasingly difficult due to growing bans by ...
"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 ...
Shares in Canaan surged on Tuesday after the Bitcoin mining hardware maker reported its third-quarter revenues doubled from last year, driven by a high demand for equipment as multiple miners saw ...
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 ...
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 ...
Top miners raised $6 billion for AI pivots and secured $15.5 billion in GPU contracts, with 70% now generating revenue from ...
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 ...
"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 ...