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Canaan Inc. (NASDAQ: CAN) will participate in the 4th Annual Needham Virtual Crypto Conference on September 5, 2024, featuring a presentation and investor meetings. (Read More)
Canaan Inc. (NASDAQ: CAN) will participate in Benchmark's 11th Annual TMT One-on-One Conference in New York City on September 4, 2024. (Read More)
Canaan Inc. has completed its third and final tranche of preferred shares financing, raising $50 million to expand its North American self-mining operations. (Read More)
Canaan Inc. (NASDAQ: CAN) will report its Q2 2024 financial results on August 15, 2024, before the U.S. market opens, according to PRNewswire. (Read More)
Canaan Inc. (NASDAQ: CAN) will participate in Macquarie's 15th Annual ASEAN Conference on August 27-28, 2024, hosting one-on-one meetings with institutional investors. (Read More)
Canaan Inc. announces participation in Rosenblatt's 4th Annual Technology Summit, focusing on AI and Bitcoin mining ASICs. (Read More)
Canaan Inc. (NASDAQ: CAN) reports robust Q2 2024 financial results with significant revenue growth and improved profitability. (Read More)
Canaan Inc. announces significant purchase order from Cipher Mining for Avalon Miner A1566 units. (Read More)
Canaan Inc. launches the Avalon Immersion Cooling Miner A1566I at Mining Disrupt 2024, featuring enhanced efficiency and innovative design. (Read More)
Canaan Inc. reported a 135.9% year-over-year increase in revenues for Q1 2025, driven by strong mining performance despite market volatility. (Read More)
Canaan Inc. faces a compliance issue with Nasdaq due to its shares trading below $1.00, receiving a 180-day period to address the matter. (Read More)
Canaan Inc. reveals its latest bitcoin mining and production updates for April 2025, highlighting global operational advancements and strategic expansions. (Read More)
Canaan Inc. (NASDAQ: CAN) will report its Q1 2025 financial results on May 20, 2025, with a conference call scheduled for the same day. (Read More)
Canaan Inc. has filed its 2024 annual report on Form 20-F with the SEC, showcasing its continued innovation in crypto mining and ASIC technology. (Read More)
Canaan Inc. reveals a 9.8% increase in Bitcoin production for March 2025, with expansion plans in North America aiming to boost mining capacity significantly. (Read More)
Canaan Inc. enters an agreement for $200 million financing, enhancing growth and expansion in crypto mining, with initial proceeds of $100 million received. (Read More)
According to a press release published July 25, 2023, Auradine, a new competitor in the blockchain infrastructure sector, is entering the application-specific integrated circuit (ASIC) bitcoin mining industry with a line of bitcoin mining rigs known as the Teraflux series. Auradine’s new machines boast hashrates between 185 terahash per second (TH/s) and 270 TH/s. Auradine [...]
The post Auradine Unveils Teraflux, New Line of US-Crafted Bitcoin Mining Rigs Providing Up to 270 TH/s appeared first on Crypto Breaking News.
Diluted net loss per American depositary share in Q1 2023 stood at $0.51, down from $0.55 in the previous quarter.
Canaan, a prominent manufacturer of Bitcoin mining machines, recently disclosed its financial report for the first quarter of 2023. The report reveals that the company generated revenues of $55.2 million during this period. However, despite the positive revenue figure, Canaan experienced a gross loss of $47.5 million. To align it’s reporting currency with its operations, Canaan switched […]
Bitcoin (BTC) miner Canaan reported a 3.3% increase in its mining revenue for the first quarter, according to a May 26 statement. Mining revenue According to Canaan, it generated $11.1 million in mining revenue between January 1 and March 31. This represents a 3.3% increase from the $10.7 million it raised during the fourth quarter […]
The post Canaan’s mining revenue rises 3.3% in Q1 while overall revenue declines appeared first on CryptoSlate.
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