STOCK TITAN

Canaan Shines at Blockchain Life 2024 in Dubai

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Very Positive)
Tags
Canaan Inc. shines at Blockchain Life 2024 in Dubai by showcasing cutting-edge One-Stop Mining Solutions, flagship Avalon miners, and the revolutionary Avalon Nano 3. Canaan emphasizes green mining strategies in the Middle East, leading the industry with top-of-the-line products and global customer service centers.
Canaan Inc. si distingue al Blockchain Life 2024 a Dubai presentando soluzioni minerarie all'avanguardia One-Stop, i miner di punta Avalon e il rivoluzionario Avalon Nano 3. Canaan sottolinea le strategie di mining ecologico nel Medio Oriente, guidando il settore con prodotti di prima linea e centri di assistenza clienti globali.
Canaan Inc. brilla en Blockchain Life 2024 en Dubái al exhibir soluciones de minería integral de vanguardia, los mineros insignia Avalon y el revolucionario Avalon Nano 3. Canaan enfatiza estrategias de minería verde en Medio Oriente, liderando la industria con productos de alta gama y centros de servicio al cliente globales.
카난 인크(Canaan Inc.)는 두바이에서 열린 블록체인 라이프 2024에서 최첨단 원스톱 채굴 솔루션, 플래그십 아발론(Avalon) 채굴기 및 혁신적인 아발론 나노 3(Avalon Nano 3)를 선보이며 눈길을 끌었다. 카난은 중동에서 친환경 채굴 전략을 강조하며, 최고급 제품과 전 세계 고객 서비스 센터로 업계를 선도한다.
Canaan Inc. se distingue lors du Blockchain Life 2024 à Dubaï en présentant des solutions d'exploitation minière à guichet unique de pointe, les mineurs phares Avalon et le révolutionnaire Avalon Nano 3. Canaan met l'accent sur les stratégies d'exploitation minière verte au Moyen-Orient, menant l'industrie avec des produits haut de gamme et des centres de service à la clientèle mondiaux.
Canaan Inc. glänzt auf der Blockchain Life 2024 in Dubai, indem es hochmoderne One-Stop-Mining-Lösungen, die Flaggschiff-Miner Avalon und den revolutionären Avalon Nano 3 vorstellt. Canaan betont grüne Mining-Strategien im Nahen Osten und führt die Branche mit Spitzenprodukten und globalen Kunden-Servicezentren an.
Positive
  • Canaan Inc. showcased its cutting-edge One-Stop Mining Solutions and flagship Avalon miners at Blockchain Life 2024 in Dubai.
  • The company introduced the revolutionary Avalon Nano 3, designed to revolutionize accessible Bitcoin mining for all.
  • Canaan emphasized green mining strategies in the Middle East, focusing on sustainability and efficiency.
  • As the world's first blockchain company listed on Nasdaq, Canaan leads the industry in Bitcoin mining rig development and manufacturing.
  • Canaan offers customized Avalon Boxes with air-cooling and immersion cooling options, along with ready sites for swift deployment of mining rigs in seven countries worldwide.
  • With a global network of over 20 customer service centers, Canaan solidifies its commitment to providing comprehensive mining solutions worldwide.
Negative
  • None.

DUBAI, UAE, April 18, 2024 /PRNewswire/ -- Canaan Inc. (Nasdaq: CAN), the creator of ASIC Bitcoin miners, captured the spotlight at the highly anticipated Blockchain Life 2024 event in Dubai, UAE, on April 15th-17th. Canaan introduced its cutting-edge One-Stop Mining Solutions, flagship Avalon miners, the eye-catching Avalon Nano 3 which designated to revolutionize accessible Bitcoin mining for all. Canaan also emphasized strategies of green mining of Bitcoin in the Middle East.

As the world's first blockchain company listed on Nasdaq, Canaan has led the way in Bitcoin mining rig development and manufacturing, delivering top-of-the-line products of Avalon miners that redefine efficiency and performance standards through extensive technology research and development efforts.

One-Stop Mining Solutions

Canaan is the creator of the ASIC Bitcoin mining chip and the renowned mining rig, Avalon miners. As the trailblazer of the ASIC mining industry, Canaan has been consistently upgrading Avalon product series and introducing new products and services to facilitate greener and easier mining experiences for the clients.

In response to evolving market demands, Canaan has observed a shift towards sustainable stable and reliable Bitcoin mining investments. This transition has inspired them to develop One-Stop Mining Solutions with high ROI to customers and adapting to various environment including high-temperature, dusty and sandy scenarios. Canaan provides Avalon mining machines with leading PE performance, most cost-effectiveness; meanwhile, Canaan offers customized Avalon Boxes with air-cooling and immersion cooling options, along with ready sites for swift deployment of mining rigs in seven countries worldwide.

With a global network of over 20 customer service centers, Canaan's equipment reaches customers across multiple countries and regions, solidifying their commitment to providing comprehensive mining solutions worldwide.

Avalon Nano

Avalon Nano is the coolest handy miner in the world, designed to be portable and user-friendly. Resembling a mobile hard disk, it's compact enough to fit in your pocket and comes in lively colors.

Avalon Nano aims to make mining more accessible to everyone, while creatively raising public awareness about Bitcoin mining. Easy to set up, this innovative product has garnered positive feedback from customers for its quiet operation and simplicity. Avalon Nano stands out with its dual functionality – it is not only capable of mining Bitcoin but can also provide warmth for your hands and feet during chilly winters. Additionally, for regions with hotter climates such as the Middle East, the warm air generated by the device can be used to keep your belongings dry, ensuring comfort and utility in a variety of environments.

(Source: Canaan's booth in Blockchain Life 2024)

Green Bitcoin Mining

As the host of the upcoming COP28, the Middle East is at the forefront of green transition efforts, aligning perfectly with Canaan's green mining strategy. Canaan's green mining strategy focuses on employing cutting-edge technologies to enhance the environmental friendliness of Avalon miners and Avalon Boxes. Canaan is dedicated to developing more efficient chip designs and air-cooling mining rigs, leading the global development of immersion cooling miners. Canaan also continues to improve its capabilities in global power resource diversification and integration, mine construction, operation, maintenance, and waste heat utilization. Through collaborations with partners in Kazakhstan, Ethiopia, and the US, Canaan is actively promoting green mining practices by utilizing clean energies such as hydroelectricity.

With advancements in technology and a growing demand for eco-friendly crypto solutions, the future of sustainable mining looks promising. It is imperative for Bitcoin miners to prioritize sustainability and work towards minimizing their environmental impact. Together, we can create a greener and more sustainable future for Bitcoin mining.

Committed to advancing the prosperity and sustainability of the Bitcoin mining ecosystem, Canaan continues to set the standard as a prominent player in the digital mining industry. By providing cutting-edge technology and comprehensive services, Canaan keep empowering its partners and driving innovation across the mining industry. The success achieved at the event not only showcases Canaan's profound influence but also exemplifies the company's unwavering dedication to shaping the future of sustainable and accessible Bitcoin mining.

About Canaan Inc.

Canaan Inc. (Nasdaq: CAN) is a leading provider of high-performance ASIC chips. With a diversified strategy centered on "blockchain + AI," Canaan is dedicated to the research and development of high-performance ASIC computing chips, AI chips, and devices. As a Nasdaq-listed company, Canaan is recognized as the world's "first blockchain stock company".

For more information, please visit:

Website: canaan.io

Twitter: https://twitter.com/canaanio
LinkedIn: https://www.linkedin.com/company/%E5%98%89%E6%A5%A0%E7%A7%91%E6%8A%80/
Instagram: https://www.instagram.com/canaan.tech?igsh=Yjhmc2p3dXBpN3Zr
Telegram: https://t.me/+ZgMP9hkOQ5k1MzQ1

Media Contact: pr@canaan-creative.com

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/canaan-shines-at-blockchain-life-2024-in-dubai-302121080.html

SOURCE Canaan Inc.

FAQ

What did Canaan showcase at Blockchain Life 2024 in Dubai?

Canaan showcased its cutting-edge One-Stop Mining Solutions, flagship Avalon miners, and the revolutionary Avalon Nano 3.

What is the ticker symbol for Canaan Inc.?

The ticker symbol for Canaan Inc. is CAN.

What is the focus of Canaan's green mining strategies in the Middle East?

Canaan's green mining strategies in the Middle East focus on sustainability and efficiency.

How many customer service centers does Canaan have globally?

Canaan has a global network of over 20 customer service centers.

What type of mining machines does Canaan provide?

Canaan provides Avalon mining machines with leading PE performance and cost-effectiveness.

Where can Canaan deploy mining rigs swiftly?

Canaan can deploy mining rigs swiftly in seven countries worldwide with ready sites.

What is the unique feature of Avalon Nano?

Avalon Nano is a portable and user-friendly miner designed to be compact and fit in your pocket.

What is the goal of Avalon Nano?

Avalon Nano aims to make mining more accessible to everyone and raise public awareness.

What makes Canaan stand out in the Bitcoin mining industry?

Canaan stands out in the Bitcoin mining industry by leading in rig development and manufacturing with top-of-the-line products.

Canaan Inc. American Depositary Shares

NASDAQ:CAN

CAN Rankings

CAN Latest News

CAN Stock Data

490.74M
267.51M
21.48%
8.15%
Computer Hardware
Technology
Link
United States of America
Singapore