Renowned for having invented the world’s first application-specific integrated circuit (ASIC)-powered Bitcoin mining machine, Canaan has announced its business' first diversification attempt into crypto mining in Kazakhstan with their latest Avalon Miner units already in operation. The m...
After five founders partnered to launch Genesis Digital Assets as a brand that seeks to build and manage industrial-scale Bitcoin mining operations, the company placed orders worth US$93.63 mln with the second largest designer and manufacturer of Bitcoin mining machines globally, Canaan, to...
The move by China’s Code Chain to meet the demands of its mission of cryptocurrency expansion is taking the company to the United Arab Emirates (UAE), its recently-appointed Chief Strategy Officer, Ryan Xu, has confirmed. He said they have decided to move their head office to Duba...
One of China’s newest crypto mining players, SOS Limited, continues its inroad into the US market after a fraud allegation episode with the news of surpassing its projected mining operations target for Q1 2021. The emerging blockchain-based and big data-driven marketing solution provide...
A top online sports lottery service provider in China which recently agreed to accept Bitcoin or USD for the issuance and sales of its company’s newly-issued Class A ordinary shares has hinted on its developing blockchain-related business with a planned purchase of up to 15,900 Bitcoin min...
Despite COVID-19 pandemic continues to impact logistics and the supply of miners from China, Toronto Stock Exchange-listed HIVE Blockchain says it is making delivery of 6,400 next-generation A1246 Bitcoin miners from Canaan to meet its 2021 ASIC capacity goal of 1,000 Petahash...
The crypto mining hardware industry is still dominated by a few players because the sector needs an innovative approach for new players, the CEO of Canaan, the second largest designer and manufacturer of Bitcoin mining machines globally has said. Nangeng Zhang notes that with innovation b...
One of the largest Bitcoin mining hardware manufacturers in China, Canaan, has appointed four new members into its board of directors, according to an official statement from the company. And while new additions to an already large board of directors aren’t anything new, especially for a compa...
Canaan, one of the top three Bitcoin mining hardware manufacturers in China, is going through a rather turbulent period. The company has been shaken to the core by an internal power struggle going on between its founders and directors and the rumors currently surrounding the ongoing event aren’...
On June 26, Ebang International Holdings — bitcoin mining equipment manufacturing company was listed in the Nasdaq market with ticker NASDAQ: "EBON". The first day of trading of NYSE : EBON, share closed nearly 14% down from ...
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