Avalon News

Canaan Vice President Dr.Li discusses the company’s home miner and how it opens a new way for individuals to participate in Bitcoin mining.

Bybit exchange has integrated Avalon Labs’ CeDeFi protocol into its Earn platform, enabling users to earn Bitcoin yield through fixed-rate institutional lending and DeFi strategies.

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%.

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.