Canaan

Q4 2019 XRP Markets Report (ripple.com) 01/22/2020 - 2:05pm
Ripple publishes the quarterly XRP Markets Report to voluntarily provide transparency and regular updates on the company’s views on the state of the XRP market, including quarterly programmatic and institutional sales updates, relevant XRP-related announcements such as Xpring and RippleNet partnerships and commentary on previous quarter market...
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How Was It Possible for Bitmain to Oust Its Largest Shareholder Overnight? (e-cryptonews.com) 01/20/2020 - 2:00am
Co-founder Ketuan “Micree” Zhan was stripped of his director role at not only Beijing Bitmain Technology, but the cryptocurrency miner maker’s parent entity, BitMain Technologies Holding Company, corporate records show. A filing of the Cayman Islands–incorporated holding company, submitted Dec. 10, reveals that Zhan’s role as a board director was...
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Swedish Crypto Exchange BTCX Plans IPO in 2020 (e-cryptonews.com) 01/17/2020 - 9:47am
One of the oldest cryptocurrency exchanges in Scandinavia wants to go public later this year, hoping it will enable traditional investors to participate in “new finance.” Oskar Soderstrom, CEO of Stockholm-based BTCX, confirmed to CoinDesk that they are looking to deliver an initial public offering (IPO) before the end of Q3 2020. Corporate...
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China's Canaan to Release Its Second AI Chip This Year (yicaiglobal.com) 01/15/2020 - 7:39am
With more than 90 percent of its earnings coming from sales of Bitcoin mining machines, the Beijing-based company's financial results and stock price are closely linked to the price of Bitcoin. But ...
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9 Up-and-Coming Small-Cap Stocks to Watch (investorplace.com) 01/14/2020 - 4:06am
That’s because Canaan specializes in processors and systems optimized for blockchain-based applications. While blockchain is still a huge topic right now, it was even bigger throughout 2017 thanks to ...
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Mining Report Highlights China’s ASIC Manufacturing Improvements and Dominance (news.bitcoin.com) 01/11/2020 - 4:15pm
During the first month of the new year, the research firm Tokeninsight published its “Mining Industry Annual Research Report,” which covers the competitive bitcoin mining sector. Tokeninsight’s study highlights the fact that BTC ’s hashrate increased by 80% in 2019, even though BTC ’s year-over-year average price dipped by 1.9%. Tokeninsight’s...
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Mining Giant Canaan Faces Stiff Competition After IPO Shares Slump (news.bitcoin.com) 01/10/2020 - 2:12pm
submitted by /u/JonyRotten [link] [comments]
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Bitcoin Mining Power Has Hit Record Highs in 2020 (thecoinrise.com) 01/08/2020 - 5:42am
Bitcoin Mining Power is seeing more computational power invested in coin generation than ever before. As of Jan. 6, Bitcoin’s mining network has reached a hashrate of 120 exahashes per day. This number has been growing steadily over the past decade, but it has grown significantly in recent months. In the last year alone, the network has tripled...
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Bitcoin Mining Power Has Hit Record Highs (cryptobriefing.com) 01/08/2020 - 5:16am
Bitcoin (BTC) is seeing more computational power invested in coin generation than ever before. As of Jan. 6, Bitcoin’s mining network has reached a hashrate of 120 exahashes per day. This number has been growing steadily over the past decade, but it has grown significantly in recent months. In the last year alone, the network has tripled. Bitcoin...
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SBI Holdings, GMO Internet set to mine Bitcoin at 300MW facility in Texas (theblockcrypto.com) 01/07/2020 - 12:57pm
SBI Holdings and internet service provider GMO Internet are set to start mining bitcoin at a facility in Rockdale, Texas – a popular location for industry firms including Bitmain. The two companies agreed to conduct their operation at the 100-acre mining farm set up by Northern Bitcoin AG subsidiary Whinstone, sources told Bloomberg in a new...
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Bitmain Co-founders at Loggerheads Over Mass Layoff Plans (blockonomi.com) 01/06/2020 - 12:35pm
Ousted Bitmain co-founder, Micree Zhan, has come out to oppose Bitmain’s plan to layoff about 50% of its workforce. According to Zhan, the Bitcoin ( BTC ) mining giant’s plan to sack employees was a mistake, given that the company was in a healthy financial situation. Earlier in January 2020, reports emerged that the Bitmain was planning another...
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Why China’s new ‘Blockchain 50’ stock index is soaring (digitalmunition.me) 01/05/2020 - 9:24pm
The term “red door 开门红” refers to an event with a strong start. The expression fits particularly well with the start of the gregorian calendar year, with President Trump stating (yet again) that the US had reached a “very large and comprehensive” deal with China. At the same time, the People’s Bank of China cut the required reserve ratio by 50...
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TSMC making 5nm ASICs for Bitmain and Canaan in 2020 (tweaktown.com) 01/02/2020 - 1:33pm
Canaan is well on its way to become the second-largest cryptocurrency mining manufacturer, with the company being the only mainstream mining company that has support from both Samsung and TSMC. Don't ...
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5 Burning Questions Heading Into The 2020 IPO Market (law360.com) 01/01/2020 - 3:04am
Two crypto-related companies went public in November — Chinese bitcoin miner Canaan Inc. and SilverGate Capital Corp., a California bank that serves cryptocurrency investors and exchanges. Earlier in ...
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Crypto Asset Manager Casts Doubt on the Halving’s Ability to Carry Bitcoin  (insidebitcoins.com) 12/30/2019 - 7:23pm
The Bitcoin halving- a process where the block rewards of mining a single Bitcoin are cut in half- is fast approaching. Estimates reveal that the next halving will occur in May 2020, and there’s a lot of excitement about the prospect of the Bitcoin price increasing exponentially from it. Pointing to historical data, several analysts have estimated...
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Hashing Ahead: A Look at Bitcoin Mining in 2020 (bitcoinmagazine.com) 12/30/2019 - 1:21pm
The December 2019 report on the Bitcoin mining network from CoinShares Research , a division of the digital asset management firm, presented an industry in good health at the end of the year, with a hash rate that had almost doubled in the previous six months, a new generation of more powerful and efficient technology on the market and the...
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Hashing Ahead: A Look at Bitcoin Mining in 2020 (e-cryptonews.com) 12/30/2019 - 1:21pm
The December 2019 report on the Bitcoin mining network from CoinShares Research, a division of the digital asset management firm, presented an industry in good health at the end of the year, with a hash rate that had almost doubled in the previous six months, a new generation of more powerful and efficient technology on the market and the...
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TSMC to produce 5nm ASICs for Bitmain and Canaan in 2020 (tomshardware.com) 12/30/2019 - 8:18am
submitted by /u/jwinterm [link] [comments]
Bitmain, Bitmain, Canaan, Canaan, https://www.reddit.comCryptoCurrency, Mining, Reddit.com, tomshardware.comhttps://www.reddit.com/r/CryptoCurrency/comments/ehlxws/tsmc_to_produce_5nm_asic…
Metamask Android Client Banned, Bahamas Tests Digital Dollar, Canaan 5nm Miners Ready to Ship (coinspice.io) 12/27/2019 - 6:34pm
submitted by /u/afriendofsatoshi [link] [comments]
Bahamas, Canaan, Canaan, Client, coinspice.io, https://www.reddit.combtc, Miners, Mining, Reddit.comhttps://www.reddit.com/r/btc/comments/egisw7/metamask_android_client_banned_baha…
Bitmain and Canaan Creative Set to Launch 5nm Chips in Q1 2020 (insidebitcoins.com) 12/27/2019 - 1:56pm
Bitmain and Canaan Creative are perhaps the two largest mining manufacturers in the world. As both companies continue to battle several internal and market struggles, they’ve also been locked in a deadly race for sales. The stage is now set for their rivalry to spill into the new year. On December 24, Chinese news source 8BTC reported that Canaan...
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Canaan's New 5-Nanometer Chips to Escalate ASIC Arms Race With Bitmain (cointelegraph.com) 12/27/2019 - 3:38am
submitted by /u/LindaLarsson [link] [comments]
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Bitmain rival Canaan amps up crypto miners with 5nm chip (coingeek.com) 12/27/2019 - 2:00am
Bitmain rival Canaan amps up crypto miners with 5nm chip [...] Read More... The post Bitmain rival Canaan amps up crypto miners with 5nm chip appeared first on CoinGeek .
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Bitmain and Canaan to Reveal 5nm Bitcoin Mining Chips in 2020 (news.bitcoin.com) 12/26/2019 - 6:47pm
submitted by /u/JonyRotten [link] [comments]
Bitcoin, Bitcoin.com, Bitmain, Bitmain, Canaan, Canaan, CHIPS, https://www.reddit.combtc, Mining, news.bitcoin.com, Reddit.comhttps://www.reddit.com/r/btc/comments/eg31k8/bitmain_and_canaan_to_reveal_5nm_bi…
Canaan's New 5-Nanometer Chips to Escalate ASIC Arms Race With Bitmain (bitcoin.worldnewsoffice.com) 12/26/2019 - 1:09pm
Chinese mining ASIC producer Canaan plans to roll out machines based on 5-nanometer chips in Q1 2020
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Canaan ASIC Miners With The New Chips 7 to 15 Percent More Efficient (thecoinrise.com) 12/26/2019 - 10:54am
Canaan to Introduce 5nm ASIC Miners in Q1 2020 With the new chip, the miners will be 7 to 15 per cent more efficient than the predecessors. Bitcoin miner maker Canaan Creative is in line to receive 5 nm chips to equip its mining devices which are going to hit the market in the first quarter of next year. Reported by 8btc, the semiconductor chips...
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Canaan to Introduce 5nm ASIC Miners in Q1 2020 (financemagnates.com) 12/26/2019 - 7:50am
With the new chip, the miners will be 7 to 15 percent more efficient than the predecessors.
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Bitcoin Halving Could Lead to a Mining Collapse? (thecoinrise.com) 12/24/2019 - 6:54am
Many are pinning their hopes on next year’s bitcoin halving as the catalyst for another bull rally, there may be wider issues at large though, especially with regards to bitcoin mining. Bitcoin Halving 141 Days Away – How It Will Affect Bitcoin Mining? The countdown continues to bitcoin’s halving which has now been estimated on May 14, 2020. The...
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Could Bitcoin Halving Lead to a Mining Collapse? (bitcoinist.com) 12/24/2019 - 6:00am
Many are pinning their hopes on next year’s bitcoin halving as the catalyst for another bull rally. There may be wider issues at large though, especially with regards to bitcoin mining. Bitcoin Halving 141 Days Away The countdown continues to bitcoin’s halving which has now been estimated on May 14, 2020. The widely anticipated event will do a...
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Chinese companies push on with US listings even as appetite wanes (ft.com) 12/23/2019 - 11:02am
Canaan, one of the largest bitcoin mining equipment makers lowered its valuation to get to US markets this year, as did Ping An’s financial technology arm OneConnect, news and data site 36Kr, and ...
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Bitcoin Worth $3 Billion Expected to be Mined in 2020 (bitcoinist.com) 12/21/2019 - 4:06am
According to recent estimates, bitcoin mining in 2020 is expected to take off at an explosive pace. Miners are predicted to mine around $3 billion worth of BTC as per the coin’s current price. Bitcoin mining has always been a crucial part of the BTC network. Mining involves validating transactions, adding blocks to the blockchain, which leads to...
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GSR and Interhash to Create Hedging Solutions for Bitcoin Miners (bitcoin.worldnewsoffice.com) 12/20/2019 - 6:57pm
Hedging products for Canaan mining network becoming available in Jan, 2020
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GSR and Interhash to Create Hedging Solutions for Bitcoin Miners (cointelegraph.com) 12/20/2019 - 5:06pm
Hedging products for Canaan mining network becoming available in Jan, 2020
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GSR Partners With Canaan-Tied Startup to Offer Crypto Miners Derivatives (finance.yahoo.com) 12/20/2019 - 1:14pm
The companies announced on Friday that a new set of derivatives contracts, including swaps, would help miners manage their risks when running operations in 2020, including the upcoming bitcoin ...
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Bitcoin miners could soon hedge their risks as Canaan-backed startup and GSR are set to launch derivatives (theblockcrypto.com) 12/20/2019 - 5:45am
Bitcoin miners could soon protect themselves against volatility in bitcoin prices with derivative products. Interhash, a cryptocurrency mining services startup backed by Nasdaq-listed Canaan Creative, and cryptocurrency market maker GSR, have tied up to launch derivatives for bitcoin miners. The companies are preparing to launch customized...
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Bitcoin miners get a chance to hedge risks as rig maker Canaan ties up with GSR for customised financial products (scmp.com) 12/19/2019 - 11:00pm
While cryptocurrency exchanges in Hong Kong and the US, such as the CME, already offer bitcoin futures and options, Kevin Shao, general manager of Canaan’s blockchain division, said that the market ...
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