Tether Picks Canaan Modules to Power Immersion Mining Sites
Key Takeaways: Canaan secured a follow-on order from Tether for custom hash board modules deploying to South America in 2026.…
Tag: Canaan
Canaan expands U.S. mining operations with purchase of Cipher’s Texas JV stake
Canaan Inc. (CAN), a manufacturer of bitcoin mining hardware and an operator of crypto mining infrastructure, said it bought a…
Canaan Posts Sharp Q4 Revenue Rebound as Bitcoin Mining Demand Heats Up
Bitcoin mining rig maker Canaan delivered a dramatic fourth-quarter turnaround, with revenue more than doubling as bitcoin miners rushed back…
Canaan Receives Nasdaq Deficiency Notice After Shares Dip Below $1.00
Canaan disclosed it received a Nasdaq deficiency notice on Jan. 14, 2026, after its American depositary shares traded below $1.00…
Canaan risks Nasdaq delisting as shares trade below $1 for the second time in a year
Canaan Inc. is at risk of a Nasdaq delisting as it has fallen below the exchange’s minimum bid price threshold…
Canaan, SynVista to link Bitcoin mining with AI-optimized renewable energy
Canaan and SynVista plan an AI-driven platform that matches Bitcoin mining to surplus renewable power and tokenizes energy, carbon savings,…
Canaan Launches Avalon A16 Miner Delivering 300 TH/s and 12.8 Joules per Terahash
Canaan Inc. has pulled the curtain back on its next-generation Avalon A16 series bitcoin miner, revealing the A16XP model at…
Canaan is Building Momentum, But is it a Smart Entry Now?
CAN is back above the $1 mark after trading below it for months. With a landmark 50,000-unit ASIC order and…
Bitcoin Mining Hardware Maker Canaan Launches Gas-to-Computing Pilot in Calgary
Canaan Inc. announced the launch of a gas-to-computing pilot in Calgary, Alberta, that converts wellhead natural gas into low-cost power…
US Miner Orders 50,000 Avalon A15 Pro Machines From Canaan, Stock Spikes
Canaan Inc. has secured a purchase order from a U.S.-based bitcoin miner for more than 50,000 of its latest Avalon…