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Mining Rig Manufacturer Canaan Launches 2 New ASIC Bitcoin Miners With up to 130 Terahash

On Monday, bitcoin mining rig manufacturer Canaan Inc., announced the launch of the company’s latest high-performance bitcoin miners called the A13 series. Canaan has revealed two models in the A13…

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ASIC Mining Rig Manufacturer Canaan Reveals $100 Million Stock Buyback Program

The application-specific integrated circuit (ASIC) manufacturer Canaan has revealed the firm is offering a stock buyback for up to $100 million. Canaan’s chairman and CEO Nangeng Zhang highlighted in a…

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Genesis Digital Assets Acquires 20,000 Bitcoin Mining Rigs From Canaan, Company Has Option to Buy 180K More

The China-based bitcoin ASIC mining machine manufacturer Canaan has announced the company has forged a partnership with Genesis Digital Assets, and the two firms have now signed a deal for…

Continue ReadingGenesis Digital Assets Acquires 20,000 Bitcoin Mining Rigs From Canaan, Company Has Option to Buy 180K More