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    Canaan Inc. Reports Unaudited Fourth Quarter and Full Year 2020 Financial Results
    Canaan Inc. Reports Unaudited Fourth Quarter and Full Year 2020 Financial Results
    2021-04-12
    Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), a leading high-performance computing solutions provider, today announced its unaudited financial results for the three months and twelve months ended December 31, 2020.
    Bloomberg March 2021 Crypto Outlook Report: As Bitcoin’s growth trajectory continues, Canaan is well-positioned to benefit
    Bloomberg March 2021 Crypto Outlook Report: As Bitcoin’s growth trajectory continues, Canaan is well-positioned to benefit
    2021-03-19
    Bloomberg’s report highlights bitcoin price consolidation is within the range of US$40,000 to US$60,000 with a greater likelihood of responsive buyers on the lower end of the range. Amid an increasingly favourably macroeconomic environment, optimism remains for bitcoin’s growth with its next price threshold estimated at US$100,000.
    Canaan Announces Improved Revenue Visibility in 2021
    Canaan Announces Improved Revenue Visibility in 2021
    2021-02-27
    We have changed our operations model in 2021. Previously we were selling bitcoin mining machines mostly to individual mining operators who may not have longer-term planning. In late 2020, we shifted our client base to mostly publicly traded companies and bitcoin-focused investment funds which tend to place sizable orders with longer-term commitment.
    Canaan Supplies 6,000 Bitcoin Miners to Leading Mining Operator Core Scientific
    Canaan Supplies 6,000 Bitcoin Miners to Leading Mining Operator Core Scientific
    2021-02-07
    Canaan, a leading provider of supercomputing solutions, announced that it will be supplying 6,000 units of its A1246 model of AvalonMiners to Core Scientific, the leading digital mining operator in the United States. The next-generation A1246 AvalonMiners are expected to further cement Core Scientific’s industry-leading position as the largest digital asset mining operator in North America.
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