Tag: Canaan

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Canaan Stories $12M Q3 Loss, Says There’s ‘Rebounding Demand’ for Mining Machines

Canaan Stories $12M Q3 Loss, Says There’s ‘Rebounding Demand’ for Mining Machines

Mining {hardware} producer Canaan Artistic reported a Q3 internet lack of $12.7 million, or 54 cents per share, greater than quadruple the dimensio [...]
Bitcoin Mining Gear Maker Canaan Units $10M Buyback Program

Bitcoin Mining Gear Maker Canaan Units $10M Buyback Program

The board of administrators of bitcoin mining producer Canaan authorised a buyback program Monday for its lagging shares. www.coindesk.com [...]
Chinese language mining big Canaan proclaims $10 million share buyback

Chinese language mining big Canaan proclaims $10 million share buyback

Canaan, China’s main cryptocurrency mining firm, will quickly launch a $10 million share repurchase program.On Sept. 8, the Nasdaq-listed firm form [...]
Mining rig producer Canaan publicizes narrowing web loss in Q2 outcomes

Mining rig producer Canaan publicizes narrowing web loss in Q2 outcomes

Bitcoin mining rig producer Canaan on Aug. 31 launched its unaudited monetary outcomes for the second quarter of 2020.Whereas gross revenue was up [...]
Bitcoin Miner Maker Canaan Drops three Administrators in Potential Boardroom Coup

Bitcoin Miner Maker Canaan Drops three Administrators in Potential Boardroom Coup

Administrators of Canaan Artistic, a publicly listed bitcoin miner producer, have been all of the sudden dropped from the corporate’s enterprise re [...]
Mining {Hardware} Maker Canaan Seems to be to Challenge $12.4M in Inventory to Workers

Mining {Hardware} Maker Canaan Seems to be to Challenge $12.4M in Inventory to Workers

Cryptocurrency mining software particular built-in circuit (ASIC) producer Canaan filed with the U.S. Securities and Alternate Fee (SEC) to difficu [...]
Bitcoin Miner Maker Canaan Misplaced $148 Million in 2019

Bitcoin Miner Maker Canaan Misplaced $148 Million in 2019

Chinese language bitcoin miner producer Canaan Artistic has disclosed it made a internet lack of $148.6 million for 2019 on a income of $204.Three [...]
Canaan Sued Over Alleged ‘Faux’ Deal, Inventory Sees Historic Low

Canaan Sued Over Alleged ‘Faux’ Deal, Inventory Sees Historic Low

Whereas the present local weather appears uneasy for all cryptocurrency companies, a few of them need to cope with additional difficulties.Earlier [...]
Canaan Faces Class Motion Lawsuit Alleging Doubtful Practices Throughout IPO

Canaan Faces Class Motion Lawsuit Alleging Doubtful Practices Throughout IPO

Blockchain providers and cryptocurrency mining {hardware} producer Canaan is dealing with a class-action lawsuit filed by traders following claims [...]
Crypto Mining Large Canaan Companions With Blockchain Agency Northern Knowledge

Crypto Mining Large Canaan Companions With Blockchain Agency Northern Knowledge

Two main gamers within the international blockchain trade have signed a strategic partnership to pool collectively their technological and operati [...]
How the Lengthy Tail of the Coronavirus May Gradual Bitcoin’s Hash Energy Progress

How the Lengthy Tail of the Coronavirus May Gradual Bitcoin’s Hash Energy Progress

The coronavirus outbreak in China could impose a longer-term affect on the bitcoin community’s mining exercise at a time when an estimated 65 perce [...]
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