Manufacturing Giants Bitmain and Canaan Announce Second-Generation Miners

On March 29, the two largest mining rig manufacturers, Canaan Creative and Bitmain Technologies, announced the sale of their next generation devices that process the SHA-256 algorithm. Both firms are gearing upRead More…

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Mining Firm Canaan Creative Secures Hundreds of Millions of Dollars in Funding

The sustained bear market has hit cryptocurrency miners hard and stalled the incredible growth experienced by hardware manufacturers that service the industry. It seems that investors are still willing to pour significantRead More…

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Avalon Miner Maker Canaan Raises ‘Hundreds of Millions’ in Funding

Canaan Creative, the maker of Avalon miners and one of the biggest cryptocurrency mining equipment manufacturers in China, has closed a new funding round. Securities Times, a Chinese financial news publication, reportedRead More…

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