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Explorers
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About the project

Canaan Creative, known simply as Canaan, is a computer hardware manufacturer based in Beijing, China. It produces application-specific integrated circuits (ASICs) for use in bitcoin mining.

Founded by N.G. Zhang in 2013, Canaan invented the first Bitcoin-specific ASICs. Canaan is known for using open source software in its products.

As of September 2018 Canaan was the world's second-largest mining hardware manufacturer. On May 15, 2018, Canaan filed for an IPO on the Hong Kong Stock Exchange, seeking to raise US$1 billion.

As of September 2018 Canaan's chip architect and former CTO, Chen Min, launched a new company called Linzhi to create a new line of Ethereum miners with a code name of Lavasnow which mine Ethereum at 1,400 million hashes per second.

As of October 2018 In October 2018, Canaan announced its newest miner, the 911 which reportedly has performance of 18 Terahash per second and the power consumption of 1440 Watts. This is the second miner in the 9 series behind the 921 which is also powered by Canaan's 7 nm process ASIC chips says Canaan representatives.

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