Canaan Creative

Canaan Creative, known simply as Canaan, is a China-based computer hardware manufacturer. Established in 2013 by N.G. Zhang, [2] Canaan specializes in Blockchain servers and ASIC microprocessor solutions [3] for use in bitcoin mining. [4]

Canaan Creative
Private company
IndustryConsumer electronics
Computer hardware
Founded2013
FounderN.G. Zhang[1]
Headquarters
Area served
globally
Key people
N.G. Zhang
ProductsComputer Processors
Computer Hardware
Number of employees
more than 300
Websitecanaan.io

Initially, Canaan mainly developed FPGA products based on the SHA-256 algorithm. After that, it released Avalon Blockchain ASIC. In 2018, Canaan's 7nm chips, and K210 chips, which are based on RISC-V, achieved mass production. [5]

History

In 2013, during studying for a doctor's degree, [6] N.G. Zhang established Canaan Creative, where he served as the chairman and CEO. [7]

In 2016, Canaan attempted a reverse acquisition for $466 Millions USD by Shandong Luyitong, a public company listed on the Shenzhen Stock Exchange.[7]

In January 2019, reports surfaced that Canaan is currently considering an IPO in the United States.[4] Canaan raised $90 million in their November 2019 IPO.[8]

gollark: You can have half of it, as I am very generous.
gollark: `36470af709efa529966ba52979854e6c91214c4879bf4f2abe9a4e85b524f9c3`
gollark: Via `echo -n [phone] [salt] | sha256sum`, so don't worry about newlines.
gollark: Of course.
gollark: Tell you what, I'll give you the SHA256 hash of the model.

References

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