Ad Banner
Announcing TheMinerMag's API →

CAN News

Canaan Secures $200 Million for US Bitcoin Mining Expansion
CAN

Canaan Secures $200 Million for US Bitcoin Mining Expansion

Canaan mined 82 BTC in February with a realized hashrate of 5.13 EH/s.

March 11, 2025
Miner Weekly: “AI Oracle” for Bitcoin Mining Pumps Stock by 200%
CAN

Miner Weekly: “AI Oracle” for Bitcoin Mining Pumps Stock by 200%

Claims of 30% boost in block-winning odds lack supporting evidence

January 23, 2025
Phoenix Plans Bitcoin Mining Expansion in Ethiopia with 80 MW
CAN

Phoenix Plans Bitcoin Mining Expansion in Ethiopia with 80 MW

Phoenix also plans to enter South America in 2025

January 23, 2025
Canaan Reports 4.01 EH/s Bitcoin Hashrate in Ethiopia
CAN

Canaan Reports 4.01 EH/s Bitcoin Hashrate in Ethiopia

3.29 EH/s in realized hashrate

January 21, 2025
Estimating Bitcoin’s Hashprice and ASIC Market Growth
CAN

Estimating Bitcoin’s Hashprice and ASIC Market Growth

Bitcoin Hashrate Could Top 1,200 EH/s by 2028 Halving

December 11, 2024
Luxor Buys $93.2M of WhatsMiners for Bitcoin ASIC Trading
CAN

Luxor Buys $93.2M of WhatsMiners for Bitcoin ASIC Trading

Deal follows MicroBT's launch of M6XS++ series

December 11, 2024
Canaan Is Raising $30M to Expand Bitcoin Mining in Texas
CAN

Canaan Is Raising $30M to Expand Bitcoin Mining in Texas

Canaan mined 147 BTC and sold 779 BTC during Q3

November 20, 2024
CleanSpark Buys 946 PH/s of Avalon A1566I Bitcoin Miners
CAN

CleanSpark Buys 946 PH/s of Avalon A1566I Bitcoin Miners

Deal marks CleanSpark's first purchase of Avalon miners from Canaan

November 1, 2024
Miner Weekly: When All-Time High for Bitcoin Mining Stocks?
CAN

Miner Weekly: When All-Time High for Bitcoin Mining Stocks?

Examining Reported Sanction Violations and What’s Next for Mining Stocks

October 31, 2024
Miner Weekly: Bitcoin-Backed Loans Are Back!
CAN

Miner Weekly: Bitcoin-Backed Loans Are Back!

Will history repeat itself, or have miners learned their lessons?

October 17, 2024
Miner Weekly: Pubcos Capture Record 25% of Bitcoin Mining Rewards
CAN

Miner Weekly: Pubcos Capture Record 25% of Bitcoin Mining Rewards

Despite low profits and high difficulty, some pubcos are doubling down on mining

October 10, 2024
Canaan Raises $50M in Third Tranche of Preferred Stock Offering
CAN

Canaan Raises $50M in Third Tranche of Preferred Stock Offering

Canaan has raised $125 million in total since November via preferred stock offerings

October 1, 2024