Canaan

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BitMEX Report Points To Greater Consolidation In Bitcoin ASIC Mining

17 Jun 2020 2 minute read 0 comments PassionCryptodotcom

The Bitcoin ASIC mining manufacturing industry  (  BTC  ) is expected to further consolidate due to increased competition, geopolitical pressures and slower return on investment after Bitcoin's recent halving .  In a new report the exchange of crypto...

Canon introduced new miners for bitcoin mining

3 Jun 2020 1 minute read 0 comments Kluma

The company's shares have risen by 17%, but this is still several times cheaper than the initial offer price On June 2, the manufacturer of bitcoin mining equipment Canaan introduced a new device AvalonMiner 1146 Pro, which was announced on its Twitt...

Demand for miners has fallen. In the first quarter, Canaan's loss exceeded $5.6 million

25 May 2020 1 minute read 0 comments Kluma

A Chinese manufacturer of digital money mining equipment has submitted financial statements. The cost of the devices was forced to be reduced by half, so the company's expenses increased significantly. In the first quarter of 2020, demand for miners...

The crypto industry has been seriously affected

10 Mar 2020 1 minute read 1 comment Kluma

Following the quotes of shares of global companies, oil prices fell securities of mining giants and crypto startups. While the value of some assets recovered after a decline, others reached a new historical low Sharp fluctuations in the stock market...

Bitcoin Hash Rate Hits Record Highs As ASIC Manufacturers Resume Operations

6 Mar 2020 2 minute read 12 comments MinerUpdate

This Miner Insights piece was originally published in crypto mining publication MinerUpdate. Subscribe here for the latest updates. Bitcoin hash rate estimates reach all-time highs as several major Bitcoin ASIC manufacturers announce new generations...

Canaan IPO Confirmed – $400 Million November Nasdaq Listing in Line

13 Nov 2019 1 minute read 0 comments MinerUpdate

  Sources close to MinerUpdate have confirmed that the Canaan IPO application to list on the NASDAQ exchange has been approved by the SEC and is set to take place in November. Details have yet to be officially confirmed but it is believed that the Ca...