Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), an innovator in crypto mining, today announced the official launch of its latest generation bitcoin mining machine, the Avalon A16 series ("the ...

Application-specific integrated circuit (ASIC) chips form the backbone of the bitcoin BTC $103,399.88 mining industry. ASIC machines are made for a single purpose: To solve Bitcoin’s SHA-256 algorithm ...

As part of its mission to capitalize on the growing application-specific integrated circuit ("ASIC") market, China-based cryptocurrency mining rig developer Canaan (NASDAQ:CAN) has unveiled its Avalon ...

It is no secret that the bitcoin mining industry is being battle-tested in the wake of the fourth halving. Hash price (revenue per terrahash) has reached historic lows as bitcoin’s block subsidy has ...

ASIC miners’ price per terahash has fallen more than 80% from its peak in 2021 as Bitcoin mining machines continue to flood the marketplace. Bitcoin (BTC) ASIC miners — machines optimized for the sole ...

Canaan Senior Vice President Edward Lu shared the company’s plans to create green energy standards for Bitcoin mining on the mining stage at Bitcoin 2022. Lu gave a speech titled “Clean Energy: The ...

Bitcoin’s mining industry is feeling the strain as profitability plunges to its lowest point in months, forcing many ...

mining rig maker Canaan (CAN) unveiled its Avalon 1266 model, aiming to capitalize on what it expects will be even faster growth in the ASICs market. Rig manufacturer MicroBT also unveiled a product ...

Crypto companies are going belly up left and right, and Bitcoin mining companies also appear to be taking on water faster than they can bail. In mid-June, Compass Mining CEO Whit Gibbs and chief ...

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 ...

A fire has damaged two buildings at Bitdeer’s under-construction Bitcoin mining complex in Massillon, Ohio. The incident, ...