Latest Canaan News & Updates
See the latest news and media coverage for Canaan. We track all announcements, press releases, and industry mentions in real time, all in one place.
Bitcoin miner manufacturer
canaan.io- Headquarters
- Singapore, Singapore
- Founded year
- 2013
- Company type
- Private company
- Number of employees
- 500–1,000
Last updated
Latest news about Canaan
In short: Canaan expanded its North American mining capacity, reached record crypto reserves, and secured a $72 million strategic investment.
Company announcements
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Canaan highlights softer difficulty and $80K bitcoin boosting hashprice
The metric rose from $29 to $39 per PH/day after the May 1 difficulty adjustment, with Bitcoin above $80K.
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Canaan reports on unbundling trend in mining hardware
Canaan and Tether's custom modules let operators tailor infrastructure for immersion cooling.
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Canaan announces open market share purchases by CEO and CFO
The purchases reflect confidence in long-term strategy and growth prospects.
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Canaan acquires Cipher Mining's interest in multiple mining projects
The deal adds ~4.4 EH/s hashrate capacity in West Texas and includes 6,840 Avalon miners.
Media coverage
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What Canaan (CAN) is doing that smarter investors notice
We provide pivot points, trend lines, and horizontal levels for comprehensive technical analysis. Make better trading decisions with our comprehensive technical levels and projection models...
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Canaan Inc. Extends Collaboration with Tether on New Form Factors for Mining and Compute Systems
Canaan has successfully developed customized hash boards for Tether under a pre-agreed R&D framework Modular architecture enables higher compute density, reduced waste...
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Is Canaan (CAN) the Most Overlooked Name Among the Best Ethereum Stocks to Buy Now?
The above button links to Coinbase. Yahoo Finance is not a broker-dealer or investment adviser and does not offer securities or cryptocurrencies for sale or...
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Canaan stacks Bitcoin, bucking rival miners' rush to sell
Bitcoin miner Canaan boosted its BTC and ETH reserves to record levels in February, expanding its Texas operations even as many public mining firms reduce...
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