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Mining Rig Manufacturer Canaan Launches 2 New ASIC Bitcoin Miners With up to 130 Terahash

Mining Rig Manufacturer Canaan Launches 2 New ASIC Bitcoin Miners With up to 130 TerahashOn Monday, bitcoin mining rig manufacturer Canaan Inc., announced the launch of the company’s latest high-performance bitcoin miners called the A13 series. Canaan has revealed two models in the A13 series, which feature “improved power efficiency over its predecessors,” and the new models produce an estimated 110 to 130 terahash per second (TH/s). Canaan Launches […]

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Hive Blockchain Secures Order for 6,500 Next-Generation Bitcoin Miners From Canaan

Hive Blockchain Secures Order for 6,500 Next-Generation Bitcoin Miners From CanaanOn October 29, the publicly listed firm Canaan announced the mining manufacturer has secured a follow-on purchase order from the mining operator Hive Blockchain for 6,500 units of Canaan’s next-generation Avalon mining rigs. Hive expects to increase the operation’s hashrate from 1.2 exahash per second (EH/s) to 3 EH/s by March 2022. Hive Secures an […]

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Canaan Expects $250M Revenue in Q2 — Yields and Mining Rig Deliveries to ‘Increase Substantially’

Canaan Expects 0M Revenue in Q2 — Yields and Mining Rig Deliveries to ‘Increase Substantially’The mining rig manufacturer Canaan saw steady profits during the Q1 after reporting its unaudited first quarter 2021 financial results on Tuesday. Canaan noted that it expects to at least sustain current profits or rise above to roughly $150 to $250 million in revenue for Q2. Canaan Expects $250M in Revenue for Q2 – Company […]

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