Tag: Canaan Miners

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How Canaan Researches and Develops Green Bitcoin Mining Technology – Tony Li, VP of Canaan

June 27, 2024

Established in 2013, Canaan Inc. (NASDAQ: CAN), is a technology company focusing on ASIC high-performance computing chip design, chip research and development, computing equipment production, and software services. Mr. Zhibing (Tony) Li is the Vice President of Canaan Inc. He recently joined the Bitcoin.com News Podcast to talk about the company’s technology R&D roadmap and…
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ASIC Mining Rig Manufacturer Canaan Reveals $100 Million Stock Buyback Program

March 17, 2022

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 U.S. Securities and Exchange Commission (SEC) filing that the move was due to issues with “recent international frictions” and “domestic quarantine measures for Covid-19 control.”…
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