NASDAQ CAN
Canaan Posts 10.97 EH/s Hashrate and Record BTC Holdings as Mining Margins Tighten
Canaan Inc. (Nasdaq: CAN) shipped the world’s first ASIC Bitcoin miners in 2013 under the Avalon brand. Thirteen years later, the economics of the business it helped create have become unforgiving for everyone running older hardware. The company released its unaudited April 2026 Bitcoin mining update this week. Self-mining operations produced 90 BTC during the…
