Sources speaking to Chinese media said a dispute at Canaan Creative has led to a power grab by now-Executive Director Nangeng Zhang.
Bitcoin Miner Maker Canaan’s Stock Hits Record Low 1 Month After Halving
Shares of Canaan Creative, one of the few publicly traded crypto miner manufacturers, fell below $2 Monday, their lowest after going public last year.
Canaan Reports $5.6M Loss in Q1 Despite Bitcoin Miner Price Cut
The China-based manufacturer had cut the pricing for its bitcoin miners by half during the first three months.
How the Long Tail of the Coronavirus Might Slow Bitcoin’s Hash Power Growth
The shortage of new mining machines caused by the coronavirus outbreak could curb computing power growth from Chinese miners who contribute over 65% of Bitcoin’s hash power.
Canaan’s Post-IPO Stock Plunge Reveals Sales Slump, Price War With Bitmain
Cryptocurrency mining computer-maker Canaan Inc. may have picked the worst time for its initial public stock offering.
Avalon Bitcoin Miner Maker Canaan Officially Files for $400 Million US IPO
Avalon bitcoin miner maker Canaan Creative has just formally filed for a $400 million US IPO.
Bitcoin Miner Maker Canaan Confidentially Files for IPO in US: Report
Canaan Creative, the major bitcoin miner manufacturer, has confidentially filed for an IPO in the U.S., say IFRAsia sources.
Avalon Bitcoin Miner Maker Canaan Is Plotting Another IPO Attempt
Canaan Creative, manufacturer of the Avalon bitcoin miner, is considering another attempt to go public, sources say.
Hong Kong Stock Exchange CEO Casts Doubt on Crypto Miner IPO Filings
The CEO of the Hong Kong Stock Exchange has seemingly questioned the IPO viability of crypto mining companies in new comments.
Bitcoin Miner Maker Canaan Considering New York IPO: Report
China-based Canaan, the second largest manufacturer of bitcoin mining devices, is considering an IPO in the U.S., according to Bloomberg.
A New Line of Powerful ASIC Miners Is Coming to Ethereum
Chen Min, formerly Canaan’s chief chip maker, is releasing a line of ethereum ASICs through her new venture, Linzhi.
Bitcoin Miner Maker Canaan Files for Hong Kong IPO
China-based Canaan Creative, one of the largest bitcoin mining hardware makers, has filed for an IPO in Hong Kong.