Canaan Inc. essentially develops ASIC miners, mostly under the Avalon series, targeting both industrial and home Bitcoin mining. Still, there are regulatory and trade pressures from China and the ...

"With Avalon Q, we're democratizing Bitcoin mining by bringing professional capabilities into people's homes," said Mr NG Zhang, Founder and CEO at Canaan. "Cryptocurrency enthusiasts no longer ...

The Avalon Q is notable for ... Additionally, Canaan achieved its first EBITDA profitability since Q1 2023, with a positive EBITDA of $19.3 million. The company also provided a revenue guidance ...

SINGAPORE, March 27, 2025 /PRNewswire/ -- Canaan Inc. introduces Avalon Q, a professional-grade Bitcoin mining machine specifically designed for home users. This breakthrough product combines ...

SINGAPORE - Canaan Inc. (NASDAQ: CAN), a leading technology company specializing in ASIC high-performance computing chip design with a market capitalization of $361 million, has announced the release ...

SINGAPORE, March 27, 2025 /PRNewswire/ -- Canaan Inc. introduces Avalon Q, a professional-grade Bitcoin mining machine specifically designed for home users. This breakthrough product combines ...