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Tag Archives: Mining

China’s Second Largest Bitcoin Miner Canaan Seeks Hong Kong IPO

Apr 8, 2018

conniewang

 Canaan Creative, one of the world’s largest bitcoin mining machine maker, is considering  an initial public offer(IPO) outside mainland China after scrapping its plan to list on China’s National Equities Exchange and Quotation (NEEQ), or the New Third Board in late March, ...

Canaan(Avalon) and Ebang Retreat from Domestic Stock Market

Mar 22, 2018

ChloeJiang

March 21 2018, it was reported that, Canaan Creative, the China-based bitcoin mining chip maker, ranks only second to Bitmain, has given up its debut on China’s National Equities Exchange and Quotation (NEEQ), also known as the “new third board”.  Canaan Creative, known simply as...

Bitmain Made a $2.3 Billion Revenue in 2017

Feb 2, 2018

ChloeJiang

Yesterday, a surprising news revealed from Media Tek’s (MTK) Q4 financial management meeting of 2017: TSMC’s 12nm chip-productions has been occupied by Bitmain. Although several countries including China have already planned to crack down on digital cryptocurrencies like bitcoin, the...

Samsung Contracted With Ebang (Ebit) To Mass Produce Mining Chips

Feb 1, 2018

lylian

South Korean electronics giant Samsung has reportedly been contracted by an unnamed China-based firm to fabricate Bitcoin mining ASICs with massive production already kicking off in January. It is believed that the Chinese partnership is Ebang whose Ebit series are among the most popu...