Paraguay, Texas and Ethiopia expansions drive gains amid weak hashprice
Manufacturers turn to financing partnerships to move inventory
Deployed hashrate drops in July, with relocation efforts underway
Tariff-driven reshoring continues as Canaan joins Chinese peers in building U.S. production lines
Bitcoin Hashrate Could Top 1,200 EH/s by 2028 Halving
Canaan reported hashcost of $31.4/PH/s for the fourth quarter
Canaan mined 82 BTC in February with a realized hashrate of 5.13 EH/s.
Claims of 30% boost in block-winning odds lack supporting evidence
Phoenix also plans to enter South America in 2025
3.29 EH/s in realized hashrate
Deal follows MicroBT's launch of M6XS++ series
Canaan mined 147 BTC and sold 779 BTC during Q3