Report: Canaan’s Stock Price is Undervalued, But the Gain in the Next Year is Limited

Apr 7, 2020

A research report from blockchain project risk rating agency Standard Consensus High showed in the future when there may be a slight slump of bitcoin miner maker Canaan’s share price as it has a high correlation with BTC price. Canaan announced that its growth of the first three quarters o...

Canaan to be Equipped with TSMC 5nm Mining Chip in Q1 2020

Dec 24, 2019

As Bitmain's 5nm chip testing succeeded, Canaan will also follow Bitmain’s pace, becoming the world-second crypto miner maker to be equipped with the 5nm chip in Q1 2020. After successful going public, Canaan gains more trust at the supply chain level, who will become the only mainstream ...

Canaan’Co-founder: China Never Alleged Bitcoin Unlawful, Bitcoin is Doomed to Pump over $100000

Nov 14, 2019

From 8 to 9 November, the World Blockchain Conference was successfully held in Wuzhen, the venue of the World Internet Summit. The summit is themed “Limitless Applications” with sessions including the opening ceremony. More than a hundred scholars, innovators, experts, gurus and opi...

Insight into the Prospectus of Canaan, A Chinese Bitcoin Mining Giant

Oct 31, 2019

Canaan Creative, the Avalon bitcoin miner maker and one of the world’s largest mining equipment manufacturers, has just formally filed to be a publicly-traded company in the United States. Prospectus shows that Canaan Creative has been the second largest designer and manufacturer of bitc...

Chinese Bitcoin Mining Giant Canaan Officially Files for $400 Million US IPO

Oct 29, 2019

Canaan Creative, the Avalon bitcoin miner maker and one of the world’s largest crypto mining equipment manufacturer, has officially filed to be a publicly traded company in the United States. On October 28, the China-based mining giant filed for an initial public offering (IPO) with ...

Chinese Bitcoin Miner Maker Canaan Has Filed for a U.S. IPO, Aiming to Raise $200 Million

Jul 31, 2019

Canaan Creative, one of the world’s largest bitcoin mining machine manufacturer, has already filed an application for an initial public offering (IPO) to the U.S. Securities and Exchange Commission (SEC), people with knowledge of the matter disclosed. According to the source, the A...

Canaan Expects Its AI Business to Catch Up with Bitcoin Mining in Three Years

May 20, 2019

Canaan Creative, the world’s second-largest bitcoin mining machine manufacturer, is targeting to be a chip company instead of a bitcoin mining company. The company is attaching the same importance to AI chip business as bitcoin mining and aims to generate tens of millions of Chinese yuan in A...

Canaan Unveils 50W/T Bitcoin ASIC Miner Avalon A10 for the Upcoming Wet Season

Mar 29, 2019

Canaan Creative, the world’s second largest manufacturer of bitcoin mining hardware, has unveiled its new bitcoin miner Avalonminer A10 after its A9 series hit a success. The A10 model is boasted as a competitive edge for bitcoin mining in the upcoming wet season. The Avalon team claime...

China’s Second Largest Bitcoin Miner Canaan Worth Billions of Dollars after New Funding Round

Mar 12, 2019

On Mar 11, the Securities Times reported that, according to people with knowledge of the matter, Canaan Creative, China’s second-largest maker of Bitcoin mining hardware, has just received hundreds of millions of US dollars through a new funding round. After the fundraising, Canaan now ...

Bitcoin Mining Giant Canaan Considering U.S. IPO in 2019

Jan 9, 2019

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...