ASIC chips

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Canaan Cuts Losses for Second Successive Quarter, Down To $2.4M in Q2; Demand Remains Weak

Canaan Creative, the Chinese maker of bitcoin mining hardware, reported a net loss of $2.4 million during the second quarter of 2020, down from $5.6 million in the previous quarter. It is the second consecutive quarter of narrowing losses for the firm, hit hard by falling demand amid the Covid-19-induced global recession. For the three […]

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Asic, ASIC chips, BCH Mining, Bitcoin Cash Mining, Bitcoin mining, BTC Mining, CAN, canaan, Canaan Creative, Chinese Mining Rig Manufacturers, Ebang, initial public offering, Microbt, mining, Nasdaq Listing, Q1 earnings, Securities and Exchange Commission, U.S

Bitcoin Mining Chip Manufacturer Ebang to List on Nasdaq This Week

Bitcoin Mining Chip Manufacturer Ebang to List on Nasdaq This WeekOn Friday, June 26, the China-based Zhejiang Ebang Communication, often referred to as Ebang, will be listed on Nasdaq, according to various reports. Ebang’s initial public offering (IPO) will be the second U.S.-based IPO for an ASIC mining manufacturer joining the company Canaan. The Ebang IPO prospectus was also updated on June 17, raising the […]

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ASIC chips, Ebang, Ebit, EBON, mining, Nasdaq Global Market, New York Stock Exchange, Securities and Exchange Commission

Bitcoin Mining Equipment Maker Ebang Files $100 Million IPO for US Stock Market Listing

Bitcoin Mining Equipment Maker Ebang Files $100 Million IPO for U.S Stock Market ListingBitcoin mining chip maker Ebang International Holdings Inc. is seeking to raise up to $100 million through an initial public offering (IPO) in the U.S. The Chinese company will sell Class A ordinary shares of nominal value HK$0.001 (US$0.00013) per share if its IPO filing is approved. In a filing with the U.S. Securities and […]

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