Canaan breaks efficiency record while one-third of capacity sits idle

Canaan has achieved a record fleet efficiency of 17.9 J/TH in North America even […]

Canaan mining posts $88.7m Q1 net loss

Canaan mining maker posted an $88.7m net loss in Q1 2026 on revenue of […]

Canaan Shares Plunge as CEO Says Middle East Conflict Is Clouding Outlook for Bitcoin Miners

In brief Canaan’s revenue dropped 68% quarter-over-quarter to $62.7 million, triggering a widening net […]