Tag: Canaan

  • bitcoin mining
    Industry

    Profits Plunge With Prices as Bitcoin Mining Rigs Go Dark

    Back in the days of the Wild West, gold prices would dictate the profitability of prospecting and mining. Around 150 years later not much has changed with regards to the economics of mining, however the commodity is a little different now. Flagship Mining Rigs No Longer Profitable Bitcoin...

    Martin Young | November 22, 2018 | 1:00 pm
  • Cryptocurrency
    Industry

    Market Downtrend? These Cryptocurrency Companies Attempting IPOs Aren’t Fazed

    As cryptocurrency market sentiment sits near its year-to-date low, multiple major companies are attempting public offerings in hopes of raising billions of dollars and securing market share in the highly competitive cryptocurrency mining industry. Bitmain, Canaan, and Ebang, the three biggest players in the crypto mining industry, are...

    Cole Petersen | September 27, 2018 | 9:00 pm
  • Mining
    Bitcoin

    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 Necessitate IPOs? Bitmain, Canaan Inc., and...

    Rick D. | August 27, 2018 | 7:30 pm
  • bitcoin mining
    Industry

    Mining Company Seeks $2 Billion in Largest Ever Bitcoin IPO

    Canaan Inc. has announced it will launch an IPO in July with the goal to raise $2 billion in funds in what would be the largest Bitcoin-related IPO to date. Canaan to Launch Biggest Bitcoin IPO Ever Bejing based Canaan inc., the worlds second largest Bitcoin mining hardware supplier...

    newsbtc | May 22, 2018 | 7:30 am
  • Bitcoin
    Industry

    Chinese Bitcoin Mining Giant Chooses Hong Kong Over US for IPO

    China’s second-largest Bitcoin miner is looking to raise $1 billion from their IPO launch in Hong Kong instead of the US. Canaan Seeks a Billion Through IPO in Hong Kong The South China Morning Post has reported that Canaan, a giant in the Bitcoin mining industry, has made...

    newsbtc | May 10, 2018 | 6:00 am
  • NewsBTC_Canaan Acquisition
    Bitcoin

    Chinese Bitcoin Mining Company Canaan Sold for $466m

    Canaan is not a company that would ring a bell for most people unless they were deeply involved in the Bitcoin mining game. This pioneering mining firm was acquired by an electronics manufacturer earlier today. It appears as if CNY 3bn participated in the process, as well as...

    newsbtc | June 9, 2016 | 11:00 pm

NewsBTC is a news service that covers bitcoin news, technical analysis & forecasts for bitcoin and other altcoins. Here at NewsBTC, we are dedicated to enlightening people all around the world about bitcoin and other cryptocurrencies. We cover news related to bitcoin exchanges, bitcoin mining and price forecasts for various virtual currencies.

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