Accessibility Statement Skip Navigation
  • PRNewswire.com
  • Resources
  • +91 22-69790010
  • Client Login
  • Send a Release
PR Newswire: news distribution, targeting and monitoring
  • News
  • Products
  • Contact
When typing in this field, a list of search results will appear and be automatically updated as you type.

Searching for your content...

No results found. Please use Advanced Search to search all press releases.
  • News in Focus
      • Browse News Releases

      • All News Releases
      • All Public Company
      • Multimedia Gallery

      • All Multimedia
      • All Photos
      • All Videos
  • Business & Money
      • Auto & Transportation

      • Aerospace & Defense
      • Air Freight
      • Airlines & Aviation
      • Automotive
      • Maritime & Shipbuilding
      • Railroads & Intermodal Transportation
      • Supply Chain/Logistics
      • Transportation, Trucking & Railroad
      • Travel
      • Trucking & Road Transportation
      • View All Auto & Transportation

      • Business Technology

      • Blockchain
      • Broadcast Tech
      • Computer & Electronics
      • Computer Hardware
      • Computer Software
      • Data Analytics
      • Electronic Commerce
      • Electronic Components
      • Electronic Design Automation
      • Financial Technology
      • High Tech Security
      • Internet Technology
      • Nanotechnology
      • Networks
      • Peripherals
      • Semiconductors
      • View All Business Technology

      • Entertain­ment & Media

      • Advertising
      • Art
      • Books
      • Entertainment
      • Film & Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • View All Entertain­ment & Media

      • Financial Services & Investing

      • Accounting News & Issues
      • Acquisitions, Mergers & Takeovers
      • Banking & Financial Services
      • Bankruptcy
      • Bond & Stock Ratings
      • Conference Call Announcements
      • Contracts
      • Cryptocurrency
      • Dividends
      • Earnings
      • Earnings Forecasts & Projections
      • Financing Agreements
      • Insurance
      • Investments Opinions
      • Joint Ventures
      • Mutual Funds
      • Private Placement
      • Real Estate
      • Restructuring & Recapitalisation
      • Sales Reports
      • Shareholder Activism
      • Shareholder Meetings
      • Stock Offering
      • Stock Split
      • Venture Capital
      • View All Financial Services & Investing

      • General Business

      • Awards
      • Commercial Real Estate
      • Corporate Expansion
      • Earnings
      • Environmental, Social and Governance (ESG)
      • Human Resource & Workforce Management
      • Licensing
      • New Products & Services
      • Obituaries
      • Outsourcing Businesses
      • Overseas Real Estate (non-US)
      • Personnel Announcements
      • Real Estate Transactions
      • Residential Real Estate
      • Small Business Services
      • Socially Responsible Investing
      • Surveys, Polls & Research
      • Trade Show News
      • View All General Business

  • Science & Tech
      • Consumer Technology

      • Artificial Intelligence
      • Blockchain
      • Cloud Computing/Internet of Things
      • Computer Electronics
      • Computer Hardware
      • Computer Software
      • Consumer Electronics
      • Cryptocurrency
      • Data Analytics
      • Electronic Commerce
      • Electronic Gaming
      • Financial Technology
      • Mobile Entertainment
      • Multimedia & Internet
      • Peripherals
      • Social Media
      • STEM (Science, Tech, Engineering, Math)
      • Supply Chain/Logistics
      • Wireless Communications
      • View All Consumer Technology

      • Energy & Natural Resources

      • Alternative Energies
      • Chemical
      • Electrical Utilities
      • Gas
      • General Manufacturing
      • Mining
      • Mining & Metals
      • Oil & Energy
      • Oil & Gas Discoveries
      • Utilities
      • Water Utilities
      • View All Energy & Natural Resources

      • Environ­ment

      • Conservation & Recycling
      • Environmental Issues
      • Environmental Policy
      • Environmental Products & Services
      • Green Technology
      • Natural Disasters
      • View All Environ­ment

      • Heavy Industry & Manufacturing

      • Aerospace & Defence
      • Agriculture
      • Chemical
      • Construction & Building
      • General Manufacturing
      • HVAC (Heating, Ventilation & Air-Conditioning)
      • Machinery
      • Machine Tools, Metalworking & Metallurgy
      • Mining
      • Mining & Metals
      • Paper, Forest Products & Containers
      • Precious Metals
      • Textiles
      • Tobacco
      • View All Heavy Industry & Manufacturing

      • Telecomm­unications

      • Carriers & Services
      • Mobile Entertainment
      • Networks
      • Peripherals
      • Telecommunications Equipment
      • Telecommunications Industry
      • VoIP (Voice over Internet Protocol)
      • Wireless Communications
      • View All Telecomm­unications

  • Lifestyle & Health
      • Consumer Products & Retail

      • Animals & Pets
      • Beers, Wines & Spirits
      • Beverages
      • Bridal Services
      • Cannabis
      • Cosmetics & Personal Care
      • Fashion
      • Food & Beverages
      • Furniture & Furnishings
      • Home Improvement
      • Household, Consumer & Cosmetics
      • Household Products
      • Jewellery
      • Non-Alcoholic Beverages
      • Office Products
      • Organic Food
      • Product Recalls
      • Restaurants
      • Retail
      • Supermarkets
      • Toys
      • View All Consumer Products & Retail

      • Entertain­ment & Media

      • Advertising
      • Art
      • Books
      • Entertainment
      • Film & Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • View All Entertain­ment & Media

      • Health

      • Biometrics
      • Biotechnology
      • Clinical Trials & Medical Discoveries
      • Dentistry
      • FDA Approval
      • Fitness/Wellness
      • Health Care & Hospitals
      • Health Insurance
      • Infection Control
      • International Medical Approval
      • Medical Equipment
      • Medical Pharmaceuticals
      • Mental Health
      • Pharmaceuticals
      • Supplementary Medicine
      • View All Health

      • Sports

      • General Sports
      • Outdoors, Camping & Hiking
      • Sporting Events
      • Sports Equipment & Accessories
      • View All Sports

      • Travel

      • Amusement Parks & Tourist Attractions
      • Gambling & Casinos
      • Hotels & Resorts
      • Leisure & Tourism
      • Outdoors, Camping & Hiking
      • Passenger Aviation
      • Travel Industry
      • View All Travel

  • Policy & Public Interest
      • Policy & Public Interest

      • Animal Welfare
      • Corporate Social Responsibility
      • Economic News, Trends & Analysis
      • Education
      • Environmental
      • European Government
      • Labour & Union
      • Natural Disasters
      • Not For Profit
      • Public Safety
      • View All Policy & Public Interest

  • People & Culture
      • People & Culture

      • Aboriginal, First Nations & Native American
      • African American
      • Asian American
      • Children
      • Diversity, Equity & Inclusion
      • Hispanic
      • Lesbian, Gay & Bisexual
      • Men's Interest
      • People with Disabilities
      • Religion
      • Senior Citizens
      • Veterans
      • Women
      • View All People & Culture

  • Explore Our Platform
  • Plan Campaigns
  • Create with AI
  • Distribute Press Releases
  • Amplify Content
  • All Products
  • General Inquiries
  • Worldwide Offices
  • Hamburger menu
  • PR Newswire: news distribution, targeting and monitoring
  • Send a Release
    • Telephone

    • +91 22-69790010 from 9 AM - 5:30 PM IST

    • Contact
    • Contact

      +91 22-69790010
      from 9 AM - 5:30 PM IST

  • Request More Information
  • Journalists
  • News in Focus
    • Browse All News
    • Multimedia Gallery
  • Business & Money
    • Auto & Transportation
    • Business Technology
    • Entertain­ment & Media
    • Financial Services & Investing
    • General Business
  • Science & Tech
    • Consumer Technology
    • Energy & Natural Resources
    • Environ­ment
    • Heavy Industry & Manufacturing
    • Telecomm­unications
  • Lifestyle & Health
    • Consumer Products & Retail
    • Entertain­ment & Media
    • Health
    • Sports
    • Travel
  • Policy & Public Interest
    • Policy & Public Interest
  • People & Culture
    • People & Culture
  • Request More Information
  • Journalists
  • Explore Our Platform
  • Plan Campaigns
  • Create with AI
  • Distribute Press Releases
  • Amplify Content
  • All Products
  • Request More Information
  • Journalists
  • General Inquiries
  • Worldwide Offices
  • Request More Information
  • Journalists

Canaan Shines at Blockchain Life 2024 in Dubai
  • APAC - English
  • USA - English


News provided by

Canaan Inc.

18 Apr, 2024, 20:32 IST

Share this article

Share toX

Share this article

Share toX

DUBAI, UAE, April 18, 2024 /PRNewswire/ -- Canaan Inc. (Nasdaq: CAN), the creator of ASIC Bitcoin miners, captured the spotlight at the highly anticipated Blockchain Life 2024 event in Dubai, UAE, on April 15th-17th. Canaan introduced its cutting-edge One-Stop Mining Solutions, flagship Avalon miners, the eye-catching Avalon Nano 3 which designated to revolutionize accessible Bitcoin mining for all. Canaan also emphasized strategies of green mining of Bitcoin in the Middle East.

Continue Reading
(Source: Canaan's booth in Blockchain Life 2024)
(Source: Canaan's booth in Blockchain Life 2024)

As the world's first blockchain company listed on Nasdaq, Canaan has led the way in Bitcoin mining rig development and manufacturing, delivering top-of-the-line products of Avalon miners that redefine efficiency and performance standards through extensive technology research and development efforts.

One-Stop Mining Solutions

Canaan is the creator of the ASIC Bitcoin mining chip and the renowned mining rig, Avalon miners. As the trailblazer of the ASIC mining industry, Canaan has been consistently upgrading Avalon product series and introducing new products and services to facilitate greener and easier mining experiences for the clients.

In response to evolving market demands, Canaan has observed a shift towards sustainable stable and reliable Bitcoin mining investments. This transition has inspired them to develop One-Stop Mining Solutions with high ROI to customers and adapting to various environment including high-temperature, dusty and sandy scenarios. Canaan provides Avalon mining machines with leading PE performance, most cost-effectiveness; meanwhile, Canaan offers customized Avalon Boxes with air-cooling and immersion cooling options, along with ready sites for swift deployment of mining rigs in seven countries worldwide.

With a global network of over 20 customer service centers, Canaan's equipment reaches customers across multiple countries and regions, solidifying their commitment to providing comprehensive mining solutions worldwide.

Avalon Nano

Avalon Nano is the coolest handy miner in the world, designed to be portable and user-friendly. Resembling a mobile hard disk, it's compact enough to fit in your pocket and comes in lively colors.

Avalon Nano aims to make mining more accessible to everyone, while creatively raising public awareness about Bitcoin mining. Easy to set up, this innovative product has garnered positive feedback from customers for its quiet operation and simplicity. Avalon Nano stands out with its dual functionality – it is not only capable of mining Bitcoin but can also provide warmth for your hands and feet during chilly winters. Additionally, for regions with hotter climates such as the Middle East, the warm air generated by the device can be used to keep your belongings dry, ensuring comfort and utility in a variety of environments.

Green Bitcoin Mining

As the host of the upcoming COP28, the Middle East is at the forefront of green transition efforts, aligning perfectly with Canaan's green mining strategy. Canaan's green mining strategy focuses on employing cutting-edge technologies to enhance the environmental friendliness of Avalon miners and Avalon Boxes. Canaan is dedicated to developing more efficient chip designs and air-cooling mining rigs, leading the global development of immersion cooling miners. Canaan also continues to improve its capabilities in global power resource diversification and integration, mine construction, operation, maintenance, and waste heat utilization. Through collaborations with partners in Kazakhstan, Ethiopia, and the US, Canaan is actively promoting green mining practices by utilizing clean energies such as hydroelectricity.

With advancements in technology and a growing demand for eco-friendly crypto solutions, the future of sustainable mining looks promising. It is imperative for Bitcoin miners to prioritize sustainability and work towards minimizing their environmental impact. Together, we can create a greener and more sustainable future for Bitcoin mining.

Committed to advancing the prosperity and sustainability of the Bitcoin mining ecosystem, Canaan continues to set the standard as a prominent player in the digital mining industry. By providing cutting-edge technology and comprehensive services, Canaan keep empowering its partners and driving innovation across the mining industry. The success achieved at the event not only showcases Canaan's profound influence but also exemplifies the company's unwavering dedication to shaping the future of sustainable and accessible Bitcoin mining.

About Canaan Inc.

Canaan Inc. (Nasdaq: CAN) is a leading provider of high-performance ASIC chips. With a diversified strategy centered on "blockchain + AI," Canaan is dedicated to the research and development of high-performance ASIC computing chips, AI chips, and devices. As a Nasdaq-listed company, Canaan is recognized as the world's "first blockchain stock company".

For more information, please visit:

Website: canaan.io

Twitter: https://twitter.com/canaanio
LinkedIn: https://www.linkedin.com/company/%E5%98%89%E6%A5%A0%E7%A7%91%E6%8A%80/
Instagram: https://www.instagram.com/canaan.tech?igsh=Yjhmc2p3dXBpN3Zr
Telegram: https://t.me/+ZgMP9hkOQ5k1MzQ1

Media Contact: [email protected]

Photo - https://mma.prnewswire.com/media/2391245/Canaan.jpg 

Modal title

Also from this source

Canaan Unveils Avalon Q at Mining Disrupt 2025: a Professional-Grade Quiet Bitcoin Mining Solution for Home Use

Canaan Unveils Avalon Q at Mining Disrupt 2025: a Professional-Grade Quiet Bitcoin Mining Solution for Home Use

Canaan Inc. introduces Avalon Q, a professional-grade Bitcoin mining machine specifically designed for home users. This breakthrough product combines ...

More Releases From This Source

Explore

Cryptocurrency

Cryptocurrency

Cryptocurrency

Cryptocurrency

Blockchain

Blockchain

Blockchain

Blockchain

News Releases in Similar Topics

Contact PR Newswire

  • +91 22-69790010

Global Sites

  • APAC
  • APAC - Traditional Chinese
  • Asia
  • Brazil
  • Canada
  • Czech
  • Denmark
  • Finland
  • France
  • Germany

 

  • India
  • Indonesia
  • Israel
  • Italy
  • Mexico
  • Middle East
  • Middle East - Arabic
  • Netherlands
  • Norway
  • Poland

 

  • Portugal
  • Russia
  • Slovakia
  • Spain
  • Sweden
  • United Kingdom
  • United States

Do not sell or share my personal information:

  • Submit via [email protected] 
  • Call Privacy toll-free: 877-297-8921
Global Sites
  • Asia
  • Brazil
  • Canada
  • Czech
  • Denmark
  • Finland
  • France
  • Germany
  • India
  • Israel
  • Italy
  • Mexico
  • Middle East
  • Netherlands
  • Norway
  • Poland
  • Portugal
  • Russia
  • Slovakia
  • Spain
  • Sweden
  • United Kingdom
  • United States
+91 (0) 22 6169 6000
from 9 AM - 5:30 PM IST
  • Terms of Use
  • Privacy Policy
  • GDPR
  • Information Security Policy
  • Site Map
  • Cookie Settings
Copyright © 2026 Cision US Inc.