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CAN News

Miner Weekly: New Blockchain to Increase Bitcoin Mining Rewards?
CAN

Miner Weekly: New Blockchain to Increase Bitcoin Mining Rewards?

‘Fractal Bitcoin’ could be a boon or bane for mining

September 5, 2024
Canaan Pledged 530 Bitcoin for $22.3M Loans at 4.2% Interest Rate
CAN

Canaan Pledged 530 Bitcoin for $22.3M Loans at 4.2% Interest Rate

LTV ratio at 65% and 68% for the two loans, respectively.

September 3, 2024
Canaan Launches A1566I Immersion Miner with Minimal Efficiency Gains
CAN

Canaan Launches A1566I Immersion Miner with Minimal Efficiency Gains

Efficiency improvement appears to be minimal from 19.5 J/TH to 19 J/TH

June 26, 2024
Canaan Leads Bitcoin Mining Stocks Rally with 21% Gains
CAN

Canaan Leads Bitcoin Mining Stocks Rally with 21% Gains

Mining stocks recover from recent sell-off, eyeing new yearly highs.

February 14, 2024
Cipher JVs Buy 2.5 EH/s Bitcoin Miners for 60MW Texas Expansion
CAN

Cipher JVs Buy 2.5 EH/s Bitcoin Miners for 60MW Texas Expansion

Cipher said the new purchases will add about 1.2 EH/s to its proprietary mining capacity.

January 3, 2024
Canaan Raises $25 Million via Sales of Preferred Shares
CAN

Canaan Raises $25 Million via Sales of Preferred Shares

The net proceeds are intended for R&D, scaling product sales, and covering corporate overhead.

December 13, 2023
Miner Weekly: $1.2 Billion Pre-Halving Shopping Spree
CAN

Miner Weekly: $1.2 Billion Pre-Halving Shopping Spree

And half of that happened in two months

December 7, 2023
Canaan Reports 48% Decline in Q3 Bitcoin Miner Sales
CAN

Canaan Reports 48% Decline in Q3 Bitcoin Miner Sales

The bitcoin halving has come early for miner manufacturer Canaan

November 28, 2023
Marathon-backed Auradine Boasts 15J/TH in New Bitcoin Miner Efficiency
CAN

Marathon-backed Auradine Boasts 15J/TH in New Bitcoin Miner Efficiency

Shipment for the Teraflux AT2880 and AI3680 miners will start in Q2, Auradine said.

November 14, 2023
Mining Stocks Soar on Bitcoin Breaking 18-Month High above $37k
CAN

Mining Stocks Soar on Bitcoin Breaking 18-Month High above $37k

But they are yet to reach 52-week highs, underperforming bitcoin over the past few months.

November 9, 2023
Bitmain, MicroBT Heat up Bitcoin Miner Arms Race in Dubai
CAN

Bitmain, MicroBT Heat up Bitcoin Miner Arms Race in Dubai

MicroBT rolls out the M60 series, challenging Bitmain's S21 series in Dubai duel

October 26, 2023
A Look into 6K Tons of Bitcoin Miners Shipped to the U.S. Over the Past Year
CAN

A Look into 6K Tons of Bitcoin Miners Shipped to the U.S. Over the Past Year

The arrival of large shipments preceded bitcoin’s hashrate surge

March 18, 2023