BSV
$67.05
Vol 216.54m
-3.94%
BTC
$97987
Vol 120382.54m
3.21%
BCH
$483.65
Vol 2287.09m
8.24%
LTC
$89.29
Vol 1436.82m
5.57%
DOGE
$0.38
Vol 9523.09m
-0.47%

Nangeng Zhang

BTC miner Canaan records $80 million Q3 loss
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1 December, 2023

BTC miner Canaan records $80 million Q3 loss

Canaan cited a dip in the price of BTC and a slowdown in the ASIC rig sales for its loss...
BTC miner Canaan posts $110M net loss in Q2 despite improved revenues
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1 September, 2023

BTC miner Canaan posts $110M net loss in Q2 despite improved revenues

Canaan recorded $110 million in losses despite hitting an uptick in revenue at $74 million, with inventory write-down and equipment...
Canaan Q4 revenue drops 80% as demand for block reward miners dips
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10 March, 2023

Canaan Q4 revenue drops 80% as demand for block reward miners dips

Canaan saw its total computing power sold dip 75% from Q4 2021, with revenue taking a similar dip, but its...
ASIC firm Canaan’s Q3 income plummets 90%
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18 November, 2022

ASIC firm Canaan’s Q3 income plummets 90%

Canaan’s Q3 revenue dropped by 41% while gross profit dipped by 75%, but the company says it will continue to...
Canaan Q2 earnings surge amid volatile digital currency market
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19 September, 2021

Canaan Q2 earnings surge amid volatile digital currency market

In its quarterly earnings report, Canaan said it sold 5.9 million terahashes per second (TH/s) of hashing power during the...