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The 11,000 New A1346 Model Mining Machines are Scheduled to be Delivered and Energized in the Third Quarter of 2023 Purchase Will Complete the Buildout of Cipher’s Facility in Odessa, Texas and Achieve a Hash Rate of 7.2 Exahash per Second (“EH/s”) by the End of the...
2023-05-04 15:30:42 ET Stronghold Digital Mining ( NASDAQ: SDIG ) last week struck a two-year hosting agreement with Canaan ( CAN ) subsidiary Cantaloupe Digital, the eco-friendly bitcoin ( BTC-USD ) miner said Thursday. SDIG will operate 2,000 A1346 (110 terahash pe...
2023-05-04 14:20:00 ET Vancouver, Kelowna, Delta, BC - May 4, 2023 (Investorideas.com Newswire) Investorideas.com, a leader in crypto and blockchain investing news brings you today's edition of the Crypto Corner podcast and commentary on what's driving cryptocurrency stocks and the cryp...
2023-04-28 11:47:49 ET Canaan ( NASDAQ: CAN ) is scheduled to announce Q1 earnings results on Monday, May 1st, before market open. The consensus EPS Estimate is -$0.12 and the consensus Revenue Estimate is $67.73M (-68.3% Y/Y). Over the last 2 years, CAN has beaten E...
The world's first comprehensive set of laws to govern the cryptocurrency sector was passed by the EU Parliament on Thursday, April 20, 2023, to combat money laundering and enhance oversight, and consumer protection. The Markets in Crypto-Assets (MiCA) rules, which were approved by a vote of 5...
2023-04-24 19:04:56 ET Summary CAN’s main business focuses on the design and development of ASIC chips for Bitcoin mining machines. The company has diversified geographically, de-risking its China exposure. The global Bitcoin mining machine market size will grow at a CA...
2023-04-21 13:23:47 ET After some recovery over the past few weeks, Bitcoin (CRYPTO: BTC) miners had a rough go of it this week. The value of Bitcoin is down 7.6% in the past week as of noon ET on Friday, and that leads to a lot of lost value for miners and related companies. ...
Canaan Inc. Files 2022 Annual Report on Form 20-F PR Newswire SINGAPORE , April 20, 2023 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), a leading high-performance computing solutions provider, today announced the filing of its annual repor...
2023-04-17 16:39:53 ET Bitcoin ( BTC-USD ) traded largely below $30K on Monday, kicking off the week in the red and weighing on cryptocurrency-related stocks, while ether ( ETH-USD ) remained above $2K, despite dipping over 2% . The top crypto posted a weekly gain last w...
2023-04-11 14:21:57 ET Summary This is the third part of our 4-part series on High-Growth Industries. Space Exploration and Blockchain/ Cryptocurrency are 2 sectors poised for high growth in the years to come. Renewable energy will experience continuous growth due net zero inc...
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Canaan Attended Bitcoin 2024 in Nashville and Initiated its CAN Community Canada NewsWire NASHVILLE, Tenn. , July 29, 2024 /CNW/ -- Canaan Inc. (NASDAQ: CAN), a leader in high-performance computing solutions and creator of ASIC Bitcoin miners, announced i...
For the past few weeks, the government of Germany has been offloading a significant amount of Bitcoin , contributing to the crypto’s recent downturn. In June, the Federal Criminal Police Office (BKA) started selling Bitcoin, originally seized from a defunct movie piracy website, from a wa...
Canaan Launches the Third Generation of Immersion Cooling Avalon Miner A1566I at Mining Disrupt 2024 Canada NewsWire MIAMI , June 26, 2024 /CNW/ -- Canaan Inc. (NASDAQ: CAN), the creator of ASIC Bitcoin miners, unveiled its latest advancement, the Avalon ...