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  3. Published Social post

    The Block (@TheBlockCo)

    THE BLOCK: Bitcoin production slipped again in July for CleanSpark, BitFuFu and Canaan, falling about 5%, 10% and 28% from June, respectively. $CLSK $FUFU $CAN The price of bitcoin recovered during the month, climbing from around $58,500 at the start of July to nearly $63,000 by month-end.

  8. Published Social post

    The Block (@TheBlock__)

    Canaan revenue more than doubles in Q4 as bitcoin miner grows treasury to record levels https://www.theblock.co/post/389225/canaan-revenue-doubles-q4-bitcoin-miner-grows-treasury-record-levels?utm_source=twitter&utm_medium=social

  11. Published Social post

    Wu Blockchain (@WuBlockchain)

    Global Crypto Mining News in October: Bitcoin mining profitability falls to record lows as hashrate hits new highs; Malaysia’s power theft for mining tops $1.1 billion; listed miners and rig makers like Bitdeer, Bitfury, Canaan, Marathon, Bitfarms, TeraWulf and others accelerate their pivot to AI/HPC, large-scale financing and government-linked energy projects, etc https://twitter.com/i/web/status/1998013743679099309

  16. Published Social post

    The Block (@TheBlock__)

    Canaan’s Japan deal marks first state-linked bitcoin mining project in the country https://www.theblock.co/post/377130/canaans-japan-deal-marks-first-state-linked-bitcoin-mining-project-in-the-country?utm_source=twitter&utm_medium=social

  20. Published Social post

    The Block (@TheBlock__)

    Canaan’s ‘accelerating turnaround story’ makes it a buy as Avalon miner orders surge: Benchmark https://www.theblock.co/post/375908/benchmark-canaan-turnaround-buy-rating-avalon-miner-orders?utm_source=twitter&utm_medium=social

  27. Published Social post

    The Block (@TheBlock__)

    Benchmark calls Canaan a 'potent long-term play' in bitcoin mining, sets $3 price target https://www.theblock.co/post/353280/benchmark-calls-canaan-a-potent-long-term-play-in-bitcoin-mining-sets-3-price-target?utm_source=twitter&utm_medium=social

  28. Published Social post

    CoinDesk (@CoinDesk)

    Down more than 70% this year, $BTC mining rig maker Canaan has had a rough run, but could be a five-bagger from here, says Benchmark's Mark Palmer. $CAN @willcanny99 reports trib.al/wgijm8m

  30. Published Social post

    CoinDesk (@CoinDesk)

    Listen to the latest episode of The Mining Pod on the CoinDesk Podcast Network: EPA Slashes Regulations, Canaan Secures $200M, CoreWeave's OpenAI Deal and NYDIG's Mawson Beef Welcome to The Mining Pod! Matt Kimmell and Will cover the week's biggest stories in Bitcoin mining. We analyze the challenging hashprice environment for miners (hitting all-time lows at $42/hash), discuss the EPA's major deregulation announcement and its potential impact on energy markets, break down Canaan's $200M funding for US expansion, examine CoreWeave's massive $11.9B OpenAI deal ahead of its IPO, and dive into the drama between NYDIG and Mawson over allegedly stolen Bitcoin miners worth $30M. Notes: - Hash price at all-time low of $42 per hash per @luxor - EPA launching 31 deregulatory actions for energy - Canaan secured $200M for US mining expansion - CoreWeave signed $11.9B OpenAI contract - Nydig claims Mawson stole $30M worth of miners 🎧 Spotify: go.coindesk.com/4bdam8m 🎧 Apple: go.coindesk.com/42adA8N 📺 Watch: go.coindesk.com/3UH5phM

  31. Published Social post

    Wu Blockchain (@WuBlockchain)

    Canaan Inc. announced that it has entered into a securities purchase agreement with an institutional investor, securing $200 million in Series A-1 preferred stock financing.The funds will support Canaan’s R&D efforts, production expansion, and digital mining infrastructure…

  34. Published Social post

    Wu Blockchain (@WuBlockchain)

    According to Blockspace, CBP has started seizing Bitcoin mining ASIC devices, including those from MicroBT and Canaan, at the request of the FCC, expanding its actions from last year against Antminer devices. These devices were seized due to the inclusion of AI chips not approved by the FCC. Customs clearance issues have now spread to multiple ports, leaving manufacturers like Bitmain, Canaan, and MicroBT facing difficulties. blockspace.media/insight/cbp-ra…

  36. Published Social post

    Wu Blockchain (@WuBlockchain)

    Mining News in January: Mining Costs Nearly $40,000 After Halving, Canaan Finances Over $50 Million, Jihan Wu Serves as Bitdeer CEO, and More. https://wublock.substack.com/p/mining-news-in-january-mining-costs?r=jbpop&utm_campaign=post&utm_medium=web https://t.co/IkW2zjmlid

  37. Published Social post

    Wu Blockchain (@WuBlockchain)

    Bitcoin mining machine manufacturer Canaan announced that it had completed the second phase of preferred stock financing on January 22, raising more than $50 million. It will be used for research and development, expanding production and general corporate expenses.…

  38. Published Social post

    The Block (@TheBlock__)

    Mining rig maker Canaan raises $50 million in preferred shares financing https://www.theblock.co/post/274602/mining-rig-maker-canaan-raises-50-million-in-preferred-shares-financing?utm_source=twitter&utm_medium=social

  40. Published Social post

    Wu Blockchain (@WuBlockchain)

    As Bitcoin exceeded 44,000, the stock price of Bitcoin mining machine manufacturers Canaan Technology and Ebang rose as much as 32% and 34%. The North American Bitcoin mining companies Marathon and Bitfarms have seen more than 500% gains this year. https://finance.yahoo.com/quote/CAN/

  41. Published Social post

    Wu Blockchain (@WuBlockchain)

    As Bitcoin exceeded 44,000, the stock price of Bitcoin mining machine manufacturers Canaan Technology and Ebang rose as much as 32% and 34%. The North American Bitcoin mining companies Marathon and Bitfarms have seen the 500% gains this year. https://finance.yahoo.com/quote/CAN/

  42. Published Social post

    Wu Blockchain (@WuBlockchain)

    Bitcoin mining machine maker Canaan is raising up to $125 million through the issuance of Series A convertible preferred shares to an unnamed institutional buyer, which will be used for research and development, expanding product sales and paying company administrative expenses.…

  44. Published Social post

    Wu Blockchain (@WuBlockchain)

    Bitcoin mining machine manufacturer Canaan said its revenue in the third quarter was US$33.319 million, and orders for its A14 series of new mining machines have exceeded 2 million TH. Canaan said it had obtained mining license in Kazakhstan in November. https://www.prnewswire.com/news-releases/canaan-inc-reports-unaudited-third-quarter-2023-financial-results-301999094.html

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