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Tag: canaan

Chinese Crypto and Blockchain Firms Grapple With Coronavirus Outbreak

Chinese cryptocurrency exchanges and other blockchain companies are coping with a new reality as the coronavirus outbreak continues to disrupt their daily operations. While...

Alkymi raises $5M for AI based automation solution

New York-based software startup Alkymi recently raised $5 million in a seed round to help financial institutions and other enterprise clients automate back-office...

Drug Firms have Developed Blockchain-Based System to Fight Counterfeit

Blockchain technology is gradually making waves in the mainstream, with the health sector particularly very open to the adoption of the technology. With...

Peter Thiel Funded Layer1 Officially Opens Its West Texas Facility 

Layer1 Technologies, a San Francisco-based cryptocurrency mining firm, has fully begun operating in its West Texas facility. The firm, which made its plans for...

Canaan and Northern Data Join Hands to Work on AI, Blockchain and Datacenters

The world’s second-largest Bitcoin mining company Canaan recently announced a new partnership with Bitcoin mining and datacenter company Northern Data AG.What do the...

Bitcoin mining giant Canaan joins forces with blockchain titan Northern Data

Northern Data AG, a Bitcoin mining and datacenter multinational, today announced its partnership with the world’s second-largest Bitcoin mining manufacturer, Canaan Inc.Though details...

Bitcoin price surges. Is Coronavirus behind it?

The Coronavirus is negatively already affecting several global industries and should the disruption continue, we could see the impact reach all the way...

Bitcoin Mining Unit Manufacturer MicroBT Nibbles at Bitmain’s Market Share

Bitcoin miner maker MicroBT has rapidly expanded market share by selling over half a million units in 2019, chipping away at rival Bitmain's...

Ledger and Trezor Clash Again Over Wallets’ Internal Chips Strength

Ledger and Trezor are arguably the two largest and most popular manufacturers of cryptocurrency wallets in the world. Another thing they share in...

Canaan Creative’s Shares Surge by 82 Percent 

Canaan Creative, one of the largest and most popular companies in the cryptocurrency mining space, had a rather good day yesterday as its...

Bitcoin Mining Stock Surges as Chinese Economy Falters

The economic fallout from the Coronavirus is starting to be felt across the world. China’s economy has been...

Bitcoin Miner Canaan’s Shares Valued at $8.04 After Surging 80%

After steadily depreciating well into the last quarter of 2019, Canaan certainly rebounded slightly today. The company was the first example of a...

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