On Jan 8, the Bloomberg reported that Canaan Creative, China’s second-largest maker of Bitcoin mining hardware, is considering an initial public offering (IPO) in the U.S.. Canaan was earlier aiming to raise $1 billion through its IPO as reported by the South China Morning P...
Ebang, or producer of Ebit miner, the leading Chinese bitcoin miner manufacturers, has filed its updated application for a Hong Kong IPO on December 20, days before it expires. The Hangzhou-based company is the third largest cryptocurrency mining equipment maker in the world after Bit...
August 8, Hangzhou – Canaan (Avalon), the world’s second-biggest maker of bitcoin mining hardware, released four new breaking products – AvalonMiner A9 for bitcoin mining, AvalonMiner L for litecoin mining, bitcoin mining TV and heater at its press conference. AvalonMiner A...
In the second half of 2018, the China-based miner manufacturers – Bitmain, Canaan and Ebang are gearing up to go public. Apart from the big three above, latecomers in this space like Shenma, Bitfily and Innosilicon are sprinting up rapidly, someday, maybe they could elbow into the new top ...
An Avalon miner was once hyped up to 20,000-30,000 yuan ($3,129 - $4,693) when bitcoin was climbing the peak. While according to the prospectus of Canaan, the ex-factory price of an Avalon miner is ranging from 3,122 to 4,402 yuan ($488 - $689), and its unit cost is somewhat between 2,354 to...
It is reported that Canaan Creative received 300 million yuan in serious A funding on May 3 led by Baopu Asset, JinJiang Group and Tunlan Investment. After the ￥300 million of fundraising, Canaan now worth 3.3 billion CNY. Founded in 2013, Canaan Creative, known simply as Ca...
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