Founded year: 2013
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Canaan is a leading provider of supercomputing solutions, distinguished for superior cost-efficiencies and performance. In addressing the limitations of today’s computing hardware, Canaan strives to advance the world we live in by powering transformative technologies.

Canaan is renowned for having invented the world’s first ASIC-powered bitcoin mining machine in 2013, radically catalysing the growth of a computationally-advanced bitcoin mining sector. Today, Canaan continues to be the second largest designer and manufacturer of bitcoin mining machines globally.

Developed through academic research, rigorous expertise in semiconductor design, and backed by a robust network of strategic partners, Canaan continues to expand its suite of advanced hardware offerings, exploring opportunities across some of the world’s most exciting emerging technologies.

About Nangeng Zhang:

Nangeng “NG” Zhang is the founder, chairman, and CEO of Canaan Inc., a leading provider of supercomputing solutions. While specialising in the field of supercomputing, NG explored the potential of application-specific integrated circuit (ASIC) design, consequently launching the world’s first digital cryptocurrency miner based on ASIC chips, and catalysing the era of ASIC mining.
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