Canaan Incis A Technology Company Founded In 2013Focusing On High Performance Computing Chipsparticularly Application Specific Integrated Circuitsasicsfor Cryptocurrency Miningthe Company Is Publicly Traded On Nasdaq Under The Ticker Symbol Cancanaan Is Well Known For Its Avalon Brand Of Bitcoin Mining Machineswhich Were Pioneers In Using Asic Technology In Addition To Manufacturing Mining Machinescanaan Engages In The Researchdevelopmentand Sale Of Integrated Circuits For Bitcoin Miningthe Company Also Assembles And Distributes Mining Equipment And Spare Partsoffers Edge Computing Chip Productsand Operates A Mining Businessits Products And Services Cater To Cryptocurrency Miners And Companies Involved In Blockchain Technology
