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CleanSpark Buys 946 PH/s of Avalon A1566I Bitcoin Miners
CAN

CleanSpark Buys 946 PH/s of Avalon A1566I Bitcoin Miners

Deal marks CleanSpark's first purchase of Avalon miners from Canaan

November 1, 2024
Miner Weekly: When All-Time High for Bitcoin Mining Stocks?
CAN

Miner Weekly: When All-Time High for Bitcoin Mining Stocks?

Examining Reported Sanction Violations and What’s Next for Mining Stocks

October 31, 2024
Miner Weekly: Bitcoin-Backed Loans Are Back!
CAN

Miner Weekly: Bitcoin-Backed Loans Are Back!

Will history repeat itself, or have miners learned their lessons?

October 17, 2024
Miner Weekly: Pubcos Capture Record 25% of Bitcoin Mining Rewards
CAN

Miner Weekly: Pubcos Capture Record 25% of Bitcoin Mining Rewards

Despite low profits and high difficulty, some pubcos are doubling down on mining

October 10, 2024
Canaan Raises $50M in Third Tranche of Preferred Stock Offering
CAN

Canaan Raises $50M in Third Tranche of Preferred Stock Offering

Canaan has raised $125 million in total since November via preferred stock offerings

October 1, 2024
Miner Weekly: New Blockchain to Increase Bitcoin Mining Rewards?
CAN

Miner Weekly: New Blockchain to Increase Bitcoin Mining Rewards?

‘Fractal Bitcoin’ could be a boon or bane for mining

September 5, 2024
Canaan Pledged 530 Bitcoin for $22.3M Loans at 4.2% Interest Rate
CAN

Canaan Pledged 530 Bitcoin for $22.3M Loans at 4.2% Interest Rate

LTV ratio at 65% and 68% for the two loans, respectively.

September 3, 2024
Canaan Launches A1566I Immersion Miner with Minimal Efficiency Gains
CAN

Canaan Launches A1566I Immersion Miner with Minimal Efficiency Gains

Efficiency improvement appears to be minimal from 19.5 J/TH to 19 J/TH

June 26, 2024
Canaan Leads Bitcoin Mining Stocks Rally with 21% Gains
CAN

Canaan Leads Bitcoin Mining Stocks Rally with 21% Gains

Mining stocks recover from recent sell-off, eyeing new yearly highs.

February 14, 2024
Cipher JVs Buy 2.5 EH/s Bitcoin Miners for 60MW Texas Expansion
CAN

Cipher JVs Buy 2.5 EH/s Bitcoin Miners for 60MW Texas Expansion

Cipher said the new purchases will add about 1.2 EH/s to its proprietary mining capacity.

January 3, 2024
Canaan Raises $25 Million via Sales of Preferred Shares
CAN

Canaan Raises $25 Million via Sales of Preferred Shares

The net proceeds are intended for R&D, scaling product sales, and covering corporate overhead.

December 13, 2023
Miner Weekly: $1.2 Billion Pre-Halving Shopping Spree
CAN

Miner Weekly: $1.2 Billion Pre-Halving Shopping Spree

And half of that happened in two months

December 7, 2023