Crypto mining hardware manufacturer Canaan Inc. has announced a share repurchase program valued at up to $30 million, reinforcing its confidence in long-term growth amid ongoing market challenges. The initiative aims to stabilize shareholder value and strengthen investor trust during a turbulent period for the cryptocurrency sector. This announcement follows ...
Canaan Inc., a leading blockchain hardware manufacturer, introduced its latest Bitcoin mining devices, the Avalon Mini 3 and Avalon Nano 3S, at CES 2025 in Las Vegas. These innovations aim to make cryptocurrency mining more accessible while offering added benefits for users. The Avalon Mini 3 is a dual-purpose device ...
Bitcoin mining company Canaan has entered into a joint mining agreement with Texas-based crypto miner Luna Squares as part of its strategy to achieve a mining capacity of 10 exahashes per second (EH/s) by mid-2025. According to a November 20 press release, the partnership will focus on revenue-sharing from Bitcoin ...
