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Nalezeno "canaan": 211

Chipmaking Giant Samsung Reveals 3nm Semiconductor Prototype


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


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...

2019’s Bitcoin Miners Are 5x Faster Than Predecessors


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...

Mining Report Shows 65% of Bitcoin’s Hashpower Stems From China


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


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...

Mining Chip Maker Ebang Next in Line to File for US IPO


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


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


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 Mining Equipment Giant Canaan Fails to Raise USD 100 Million


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


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...

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