There is a growing argument that a Bitcoin miner is basically a battery.
Tell it to power down, and it does.
This week's issue digs into the idea.
https://t.co/w4zDFye4zO
@herder1981 hey Leo, long time shareholder of Canaan here, I am just curious if you have any update when there will be a meeting to discuss Q2 and also a plan for our company going forward. Thanks, any info is greatly appreciated! #BeGreat#Avalon#Miners#Canaan $CAN #Success
🚨PSA🚨
If you want accurate information about the #Gators, do yourself a favor and unfollow/mute/block @chris_hobbzilla.
By his own admission, his sole mission is to peddle false information to make a few bucks.
Plenty of great Gator accounts out there, he’s not one of them.
@chris_hobbzilla@GatorDave_GB@AulmanKris71095 Yes, I want to cancel morons who attempt to plant blatantly false information into fans’ heads about their favorite teams. You piss all over the very concept of intellectual honesty. So I’ll make sure the world knows not to engage with your content ever again as a public service.
People realizing $can is gold Canaan Inc. Its an AI company that makes ETH/BTC mining rigs that also heat your home..
Don't lose your Vitamin C!
https://t.co/KEzvpavcNA
$CAN is interesting stock and i am bullish about $CAN.
(1) Canaan’s deployed hashrate reached 14.75 EH/s, a significant jump fueled by the acquisition of Cipher Mining’s interest in West Texas last month.
(2) Self-mining now contributes approximately 25% of total revenue, providing more stable cash flow compared to the "boom-and-bust" rig sales model
(3) The company recently reported a record treasury of 1,793 BTC and 3,952 ETH, valued at approximately $128 million.
(4) With a market cap hovering around $338 million, nearly 40% of the company's value is backed by liquid digital assets, suggesting the core business is being undervalued by the market.
(5) The A-16 Launch: The imminent release of the Avalon A-16 series focuses on high-efficiency cooling options (immersion and hydro), which are essential for miners looking to maintain profitability after Bitcoin halving cycles.
(6) CAN trades at roughly 0.7x P/S, significantly lower than the industry peer average of 1.3x and the broader tech sector.
So $CAN for me, its undervalued at this price.
The ability to just go and buy a Canaan miner at Best Buy is a huge opportunity. What other miners can you just go buy at a regular store? Unreal opportunity here created by Canaan. $can #bitcoin#mining#BestBuy $Canaan
Non political statement.
May all the brave men and women who put their lives at risk for our country 🇺🇸 be kept safe and healthy.
May all the brave people of Iran 🇮🇷 who simply want to live their lives in peace be kept safe as well.
I pray for survival of the benevolent. 🙏🏼