Tag: Canaan

Manufacturing Giants Bitmain and Canaan Announce Second-Generation Miners

Manufacturing Giants Bitmain and Canaan Announce Second-Generation Miners On March 29, the two largest mining rig manufacturers, Canaan Creative and Bitmain Technologies, announced the sale of their next generation devices that process the SHA-256 algorithm. Both firms are gearing up to sell the new products this spring as a slew […]

Mining Firm Canaan Creative Secures Hundreds of Millions of Dollars in Funding

Mining Firm Canaan Creative Secures Hundreds of Millions of Dollars in Funding The sustained bear market has hit cryptocurrency miners hard and stalled the incredible growth experienced by hardware manufacturers that service the industry. It seems that investors are still willing to pour significant money into the business, however, judging […]

Bitmain, Canaan, and Ebang International Prepare for IPOs

Bitmain, Canaan, and Ebang International Prepare for IPOs Three of the largest cryptocurrency mining hardware manufacturers are preparing to launch initial public offerings (IPOs) in Hong Kong. However, the crypto price slump and regulatory issues could negatively impact on the success of said offerings. Is the Demand Still There to […]