Canaan Inc. Launches New Generation of Bitcoin Mining Machines

Canaan Inc. (NASDAQ: CAN) (“Canaan” or the “Company”), a leading high-performance computing solutions provider, today launched its new generation of high-performance bitcoin mining machine, the Avalon Made A13 (“A13”) series. Powered by advanced ASIC technologies, the new A13 series will include two different models with enhanced computing power and improved power efficiency over its predecessors. […]

Cryptocurrency Miner Canaan Lets Hong Kong IPO Application Lapse

Cryptocurrency Miner

Canaan Inc, one of the world’s leading cryptocurrency mining equipment makers, has let its application for a Hong Kong IPO of at least $400 million lapse, casting doubt on the prospects for other Chinese makers of bitcoin mining gear. Canaan’s application lapsed on Thursday six months after it was filed, the Hong Kong stock exchange’s website […]