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    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 Inc. Announces Up to US$10 Million Share Repurchase Program
    Canaan Inc. Announces Up to US$10 Million Share Repurchase Program
    2020-09-09
    Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), a leading high-performance computing solutions provider, today announced that its board of directors has authorized a share repurchase program under which the Company may repurchase up to US$10 million worth of its outstanding (i) American depositary shares ("ADSs"), each representing 15 Class A ordinary shares, and/or (ii) Class A ordinary shares over the next 12 months starting from September 22, 2020.
    Canaan Announces Significant Customer Order of 11,760 Bitcoin Mining Machines
    Canaan Announces Significant Customer Order of 11,760 Bitcoin Mining Machines
    2021-04-23
    Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), a leading high-performance computing solutions provider, today announced that it entered into a contract to provide 11,760 bitcoin mining machines to Mawson Infrastructure Group Inc. (“Mawson”).
    Canaan has launched AvalonMiner 1246, it offers hashrate of 90TH/s
    Canaan has launched AvalonMiner 1246, it offers hashrate of 90TH/s
    2020-09-23
    On September 21, Canaan released its A1246 with a hashrate of 90TH/s, a power consumption of 3420W, and a power efficiency of 38J/TH. It is AvalonMiner’s first product with a hashrate of 90TH/s.
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