News list for " canaan"
Canaan (NASDAQ: CAN) has released an unaudited bitcoin mining update ending December 31, 2024 and provided financial guidance for fiscal year 2025. The company expects total revenue in fiscal year 2025 to be between $900 million and $1.10 billion, and in December 2024, the company issued a total of 62 bitcoins.
Canaan Technology has released an unaudited Bitcoin mining update report for December 31, 2024, which reveals that 62 BTC were mined in December 2024 and a total of 1,293 BTC were held as of the end of the month. In addition, Canaan Technology also disclosed that its preliminary expectations for total revenue in fiscal 2025 are between $900 million and $1.10 billion, but actual results may differ from these expectations.
Blockchain hardware manufacturer Canaan Technology (NASDAQ: CAN) announced at the Consumer Electronics Show (CES) in Las Vegas the launch of two innovative bitcoin mining devices, the Avalon Mini 3 and Nano 3S. The two devices are designed to popularize cryptocurrency mining for individual users and transform home heating systems into cryptocurrency mining devices. With a hashrate of 37.5 Th/s, the Avalon Mini 3 offers a unique dual-purpose solution that combines efficient bitcoin mining with ho...
Nasdaq-listed Canaan Technology announced that its Singapore subsidiary, Canaan Creative Global Pte. Ltd., has signed a mining machine purchase agreement with AGM Group Holdings Inc. to initially provide 2,000 bitcoin mining machines, in addition to providing users with the option to purchase approximately 30,000 additional BTC mining machines.
Nasdaq-listed Canaan Inc. announced that it has completed the previously disclosed A-1 round of preference share financing of $30 million. Canaan Technology had signed a securities purchase agreement with an institutional investor on November 19, 2024 to agree to issue and sell 30,000 A-1 series convertible preference shares to it at a price of $1,000.00 per share. It is reported that the new funds are intended to support the development of digital mining and equipment in North America.
According to official news, bitcoin miner HIVE Digital has announced the purchase of 5,000 Avalon A15-194T ASIC mining rigs from Canaan Inc. The latest acquisition builds on the 6,500 Avalon mining rigs announced earlier this month, bringing the total number of new Avalon ASIC mining rigs ordered by HIVE Digital in November to 11,500.
Canaan Technology today released its report of unaudited financial results for the year ended September 30, 2024. Revenue for the third quarter of 2024 was $73.61 million, a significant increase compared to $71.86 million in the second quarter of 2024 and $33.32 million in the same quarter of 2023. Total revenue includes product revenue of $64.58 million, mining revenue of $8.96 million, and other revenue of $65,000. Mining revenue: Mining revenue in the third quarter of 2024 is $8.96 million, w...
ASIC mining machine manufacturer Canaan has signed a purchase agreement with HIVE Digital to provide HIVE with 6,500 Avalon A1566 mining machines with an average computing power of 185 TH/s. Currently, the first batch of 500 mining machines has been delivered and is scheduled to be installed, and the remaining 6,000 units will be delivered in batches from December to March 2025. On this news, Canaan Technology's Nasdaq stock (CAN) rose 38% to $1.74. It is reported that HIVE Digital announced tha...
ASIC 矿机制造商嘉楠科技（Canaan）与 HIVE Digital 签署采购协议，将为 HIVE 提供 6500 台 Avalon A1566 矿机，平均算力为 185 TH/s。目前，首批 500 台矿机已交付并计划安装，其余 6000 台将从 12 月至 2025 年 3 月分批交付。受此消息影响，嘉楠科技的纳斯达克股票（CAN）上涨 38%，至 1.74 美元。据悉，HIVE Digital 宣布在巴拉圭的新建 100 兆瓦扩建项目已开工，预计 2025 年第三季度全面投入运营，目标算...
12:00-21:00 Keywords: Switzerland, Vitalik, Canaan Technology, BlackRock The Fed will cut interest rates by less than 100 basis points in 2024. 2. Switzerland launches public consultation on crypto tax information sharing. 3. Vitalik will donate all animal coins received in the past year. 4. The SEC approves the first leveraged long MicroStrategy ETF. Canaan Technology had revenue of $71.9 million in the second quarter and held 1,133.5 bitcoins. 6. BlackRock surpassed grey release to become the ...
Canaan Technologies, Inc. today announced its unaudited financial results for the three months ended June 30, 2024. Revenue for the second quarter of 2024 was $71.9 million, exceeding the previous estimate of $70 million and up 104.8% from the previous quarter. Total hashrate sold was 6.2 million Thash/s, up 83.9% from the previous quarter. Operating loss was $46.6 million, down 60.9% from the same period last year and 31.5% from the previous quarter. As of June 30, 2024, the company's cryptocur...
Canaan Technology announced the launch of CAN Community at last week's Bitcoin 2024 conference, which aims to bring together North American and global media, influencers, bitcoin mining companies, and other industry players, and showcase its latest bitcoin mining machines, including the Avalon Miner A15 series, Avalon Box, and Avalon Nano 3.
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