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Chipmaking Giant Samsung Reveals 3nm Semiconductor Prototype
6.1.2020
In mid-December, Intel revealed that the company expects to design 2nm and 1.4 nm semiconductors by 2029. During the same timeframe, regional sources reported Canaan and Bitmain will reveal new mining rigs this year equipped with TSMC-based 5nm chips. Now, competition is growing stronger as Samsung...
Bitmain and Canaan to Reveal 5nm Bitcoin Mining Chips in 2020
27.12.2019
Two of the largest bitcoin mining chip manufacturers have plans to equip their products with 5nm chips in the near future. Just recently, China-based manufacturer Bitmain purportedly produced the world’s first 5nm test-grade bitcoin mining chip and more efficient mining rigs will see mass...
Canaan's New 5-Nanometer Chips to Escalate ASIC Arms Race With Bitmain
26.12.2019
Chinese mining ASIC producer Canaan plans to roll out machines based on 5-nanometer chips in Q1 2020
GSR and Interhash to Create Hedging Solutions for Bitcoin Miners
20.12.2019
Hedging products for Canaan mining network becoming available in Jan, 2020
GSR Partners With Canaan-Backed Startup to Offer Crypto Miners Derivatives
20.12.2019
GSR and Interhash want to help crypto miners hedge their costs with a new series of derivatives products
Canaan’s Post-IPO Stock Plunge Reveals Sales Slump, Price War With Bitmain
17.12.2019
Cryptocurrency mining computer-maker Canaan Inc. may have picked the worst time for its initial public stock offering
2019’s Bitcoin Miners Are 5x Faster Than Predecessors
13.12.2019
High-powered bitcoin miners and next-generation semiconductors go hand in hand and as process node technology grows, SHA256 hashrate follows. Coinshares’ recent bi-annual mining report highlights that newly introduced mining rigs have “as much as 5x the hashrate per unit as their...
Bitcoin Miner Canaan’s Shares Plunge 40% Since IPO in November
13.12.2019
Bitcoin mining giant Canaan Creative’s shares have seen a 40 percent drop in value since its IPO
Mining Report Shows 65% of Bitcoin’s Hashpower Stems From China
12.12.2019
As the end of 2019 approaches, Coinshares Research has published its bi-annual mining report that contains informative research and observations about the bitcoin mining industry. Since Coinshare’s last report published in June, BTC’s hashrate grew by 50 exahash per second (EH/s)...
Canaan Crashed Almost 40% Amid Falling Bitcoin Price and Market Doubts
12.12.2019
Things are still not looking good for the second largest producer of Bitcoin (BTC) mining equipment, China-based Canaan (CAN), as it shares are searching for news lows after the debut on Nasdaq exchange on November 21, which made this the first mining company that went public on a major stock...
Study: China’s BTC Miners Control 66% of Global Hash Rate
11.12.2019
Chinese share of global hash rate hits a new record of 66% since 2017, a new study says
Mining Chip Maker Ebang Next in Line to File for US IPO
6.12.2019
Ebang, the ASIC chip and mining rig manufacturer based in Hangzhou, China is allegedly filing for an initial public offering (IPO) in the U.S. following Canaan’s recent Nasdaq listing and Bitmain’s secret IPO filing. The world’s third-largest bitcoin mining hardware manufacturer...
Following Canaan, OneConnect Cuts its IPO Ambitions in Half
4.12.2019
OneConnect Financial Technology, a unit of China’s major insurer Ping An, aims to raise up to USD 504 million in an initial public offering (IPO), compared to USD 1 billion, reportedly considered in June this year.
The IPO was launched yesterday after the company reduced both its target offering...
Canaan Ends 1st Week on Nasdaq in Red, Bitmain Promotes Rigs Ahead IPO
29.11.2019
The second largest producer of Bitcoin mining equipment, China-based Canaan, ended its first week on the Nasdaq exchange in red, while its main rival, another Chinese giant that is reportedly working on its own initial public offering (IPO), Bitmain, confirmed its plans to introduce two new types...
Bitcoin Miner Canaan’s IPO Nets Just $90M After Losing Banking Partner
21.11.2019
Canaan completes $90M IPO without major backer Credit Suisse
Bitcoin Mining Equipment Giant Canaan Fails to Raise USD 100 Million
21.11.2019
The second largest producer of Bitcoin mining equipment, China-based Canaan, has finally completed its initial public offering (IPO) after the third attempt, raising less than estimated.
While many have estimated that the company will raise USD 100 million at a USD 1.6 billion market...
Chinese Crypto Heavyweights Canaan, OneConnect Aim for USD 100m IPOs
14.11.2019
Two Chinese blockchain, crypto heavyweights are targeting the American market – with both filing applications to launch USD 100 million initial public offerings (IPOs) with regulators.
Per a filing lodged with the United States Securities and Exchanges Commission (SEC), crypto mining equipment...
Canaan Creative Sets Terms, Plans to Rake in $100 Million in Upcoming US IPO
14.11.2019
Crypto mining giant Canaan Creative plans to raise $100 million in U.S. initial public offering later this month
Bitcoin Miner Maker Canaan Sets $100 Million Target for US IPO
14.11.2019
Canaan, the world's second-largest bitcoin miner maker, is aiming to raise $100 million with its initial public offering
Bitcoin Miner Canaan Creative’s 2019 Revenue Nears $100M Ahead of IPO
7.11.2019
Mixed financial results for Canaan as IPO nears