UmairCanaan Advances North American Mining Strategy via New Agreements
Canaan Inc. announced Wednesday that subsidiaries have signed agreements to expand self-mining operations at facilities in Pennsylvania and Texas, adding approximately 4.7 exahash per second (EH/s) to its computing power.…
Canaan’s Mining Revenue Surges 312% As BTC Holdings Reach 1,292 BTC
Canaan Inc. reported $269.3 million in revenue for 2024, with bitcoin mining revenue surging 312% year-over-year to $44 million. The company also expanded its North American mining footprint, securing new…
