Canaan

Canaan Inc. (NASDAQ: CAN) is the pioneer who shipped the world’s first commercial ASIC Bitcoin miners under the Avalon brand. Founded in 2013, Canaan holds the second largest share of the global Bitcoin mining market with 16 generations of ASIC chips. The company operates as a vertically integrated Bitcoin miner with global hashrate exceeding 8 EH/s. With nearly 500 patents and operations across multiple continents, Canaan has earned a reputation for durable machines that perform reliably in extreme conditions including heat, dust, and humidity.

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