Canaan Creative, one of the largest Chinese manufacturers for crypto-Mining Hardware, is planning an IPO. The Chinese manufacturer has submitted according to the media, a request to the competent Supervisory authority, the Securities and Exchange Commission (SEC) reports.
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At the 1. August 2019BTC$10.005,00 , 3.44%part Facebook Twitter LinkedIn xing mail
It is about 200 million US dollars. So much Canaan Creative is to take in the case of the IPO, from the different media according to reports, and as a source of an Insider to the plans of the Mining-manufacturer’s knowledge. Canaan should have submitted all the necessary documents already in the case of the New York regulatory authority SEC.
The plans for the IPO are responsible for some time in the drawer. Already in March 2018, a corresponding request was presented to the Hong Kong stock exchange. The managers refused, however, to be time. At the time, the speech of a billion dollars, the companies collect via the IPO was even thought of.
The re-attempt of the Mining Hardware manufacturer, to take on the stock market feet, could not depend on even with the strong performance for the year of the Bitcoin course together. Finally, the crypto-currency no 1 to put in this year alone, around 150 percent.
Bitcoin-spring brings Mining-summer
as the Hash Rate in the Bitcoin network since then. This, for some time no more and as an all-time blow up in the next. Currently, the battery is accumulated, computing power in the Bitcoin network 63.6 million in Terahashes per second.
This, in turn, suggests that the turnover of the manufacturer for Mining Hardware on the market position. Finally, the new Hash Power has to come from somewhere. This Thesis is also in line with Reports, according to which large Mining Pools are in line to be the newest Generation from ASICs get. Canaan itself, so Marketing chief Steven Mosher, have great difficulties to meet growing demand. Part of it was already time, bottlenecks can occur.
It looks like a return to the States from 2017, in which the demand was three times the offer.
The latest Generation of ASICs from the house of Canaan, it companies, according to the information on the 37 TH/s, with a power consumption of 2.361 watts per hour. Until October, the new avalon miner is out of print entirely.
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