Avalon News

Canaan CEO NG Zhang talks about the creation of the original Bitcoin mining hardware and draws a futuristic vision of blockchain being used for a universal currency.

This bear market is proving to be especially tough for Bitcoin miners, but Canaan senior vice president Edward Lu says the industry is “evolving toward a positive long term.”

A Chinese publicly listed construction company turned to cryptocurrency mining firm has been reportedly sold after its value decreased by over 90%.

How can we bring new utility and buying power to the crypto space without requiring infrastructure change from businesses?

In early September, ASIC chip maker Avalon announced that customers who had placed orders in June or July and had not yet received their miners could get a full refund.