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BUSINESS

Bitcoin Mining Firm Genesis Makes $93 Million Purchase Of Canaan ASICs

Namcios -
Bitcoin mining firm Genesis Digital Assets announced a $93 million partnership with Canaan to increase its capacity by 117 megawatts.
BUSINESS

Bitcoin Miner Manufacturer Canaan Expects Major Growth In 2021

Oluwapelumi Adejumo -
In a 2020 financial results release, bitcoin mining rig manufacturer Canaan laid out a case for major profit growth in 2021.
BUSINESS

Beyond Supply And Demand: Charting The Bitcoin Mining Industry’s Journey

Nangeng Zhang -
As the price of bitcoin continues to influence its critical mining industry, it’s important to look at the past and future of this sector.
BUSINESS

Canaan Expects $1 Billion-Plus from AvalonMiner Sales in 2020

8Btc -
The Chinese bitcoin miner manufacturer Canaan is seeing huge demand for its AvalonMiner product lately and expects this to rise in 2020.
MARKETS

Report: Canaan Will Be Listed Publicly in the US in November

8Btc -
The Chinese bitcoin miner manufacturer Canaan is reportedly planning to conduct a U.S. IPO in November 2019.
BUSINESS

Bitmain, Canaan Launch New Miners in Preparation for the Bitcoin Halving

8Btc -
Bitmain and Canaan have launched new bitcoin mining devices, delivering higher hash rates at lower energy costs, in anticipation of the upcoming Bitcoin halving.
BUSINESS

Implications for Bitcoin Now That 85 Percent of Supply Has Been Mined

8Btc -
Over 17,850,575 bitcoin have been mined and 85 percent of the top cryptocurrency’s expected total supply is already in circulation. So what?
MARKETS

Chinese Miner Manufacturer Canaan Files IPO With $200 Million Goal

8Btc -
Canaan Creative, a major Chinese bitcoin miner manufacturer, has reportedly filed an IPO application with the U.S. SEC.
MARKETS

Bitmain Is Giving Its IPO Another Go, This Time on U.S. Soil

Colin Harper -
Following an attempt to go public on the Hong Kong Stock Exchange last year, crypto mining leader Bitmain will reportedly attempt a U.S.-based IPO.
BUSINESS

Is Bitcoin Mining Finally Profitable for Miners in 2019?

8Btc -
Profits earned from bitcoin mining have seen a clear rise since the start of April 2019 and hit a near half-a-year high on April 15, 2019.
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