The 12 closest competitors and alternatives to Canaan Inc. among crypto/web3 companies — ranked by similarity to what Canaan Inc. actually does, not by market-cap band.
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Canaan Inc. operates as a holding company, primarily engaged in the design, production, and sale of Bitcoin mining hardware, in addition to supplying various associated services. A key focus for the company is the advancement and implementation of environmentally conscious mining practices. This firm was co-founded by Jia Xuan Li, Xiang Fu Liu, and Nan Geng Zhang on January 19, 2013, and its corporate headquarters are situated in Singapore.
Canaan Inc. is a crypto/web3 company headquartered in Singapore, Singapore. It is publicly listed (CAN) with a market capitalisation of $219.6M. Xcout tracks 7 named people at Canaan Inc., including Nangeng Zhang (Chairman & Chief Executive Officer).
1 more named person on record for Canaan Inc., with roles, board committees and tenure — see the full roster →
Ranked by semantic similarity — how close each company is to Canaan Inc. by what it does, using Xcout's live company graph. Click any company for its full profile, or its competitor set.
Similar crypto/web3 company
BitFuFu Inc., a company operating out of Singapore, specializes in providing solutions for digital asset mining, encompassing both direct and cloud-based services. The firm further supports a diverse clientele, ranging from major institutions to individual cryptocurrency enthusiasts, by offering equipment rental, dedicated hosting facilities, and sales of mining hardware.
Similar crypto/web3 company
Bitdeer Technologies Group (BTDR) operates as a technology enterprise primarily dedicated to the cryptocurrency mining sector. The company engages in proprietary digital asset mining, extracting cryptocurrencies for its own portfolio, while also delivering comprehensive mining solutions to its community clients. Its robust suite of offerings encompasses the entire mining lifecycle, from sourcing and acquiring specialized mining hardware and managing intricate transport logistics, to the meticulous design and construction of mining datacenters. Furthermore, Bitdeer oversees ongoing mining machine management and daily operational oversight for these facilities. These state-of-the-art mining facilities are strategically located across the United States and Norway. Bitdeer maintains its corporate headquarters in Singapore.
Similar crypto/web3 company
Bitmain Technologies is a cryptocurrency-mining hardware company best known for its Antminer ASIC miners, particularly for Bitcoin and other proof-of-work networks. It serves cryptocurrency miners, mining farms, and data-center operators, and has also been involved in mining-pool and related digital-asset infrastructure services.
Similar crypto/web3 company
Bgin Blockchain Limited, through its subsidiaries, operates as a digital asset technology company in Singapore, Hong Kong, the United States, and rest of Southeast Asia. It produces cryptocurrencies through its mining operations. The company also designs and sells mining machines for individual miners and distributors, as well as develops computer chips. In addition, it offers miner hosting, mining pool, and value-added services. The company was founded in 2019 and is based in Singapore.
Similar crypto/web3 company
BTC Digital Ltd. primarily focuses on the extraction of cryptocurrencies, with a particular emphasis on Bitcoin. Beyond its core mining operations, the firm also handles the sale and leasing of specialized mining hardware. The company adopted its current name, BTC Digital Ltd., in August 2023, having previously operated under the designation Meten Holding Group Ltd. Established in 2006, its corporate headquarters are situated in Shenzhen, China.
Blockchain
Chia Network Inc. offers various applications, websites, and services including Chia Signer, the Chia Cloud Wallet, and farming options, and has established an official entity in Singapore alongside operations connected to South San Francisco.
Similar crypto/web3 company
Established in 2018 and based in Hangzhou, China, Ebang International Holdings Inc. operates primarily within the blockchain and telecommunications industries. The company is deeply involved in the blockchain sector, specializing in the research, design, and development of application-specific integrated circuit (ASIC) chips, which it utilizes to produce its Ebit-branded Bitcoin mining machines. These advanced mining solutions are supplied to a global market, including China, the United States, and Hong Kong. Complementing its hardware offerings, Ebang delivers comprehensive mining machine hosting services, enabling clients to operate and maintain their equipment remotely. The company is also in the process of developing its own proprietary cryptocurrency exchange platform. Additionally, it facilitates foreign exchange trading, digital currency transfers, and virtual currency transactions. In the telecommunications arena, Ebang manufactures a diverse array of fiber-optic communication access devices, encompassing sophisticated multiprotocol label switching (MPLS) and wavelength-division multiplexing (WDM) systems, as well as multi-service access platforms. Its product line further includes enterprise-focused convergent terminals such as Gigabit Passive Optical Network (GPON) equipment, cloud gateway solutions, industrial Internet of Things (IoT) access devices, and smart wireless access devices. While blockchain products are sold directly and through its online portal, the company's telecommunication offerings, marketed under the EBANG brand, are primarily distributed via supplier contracts.
Similar crypto/web3 company
Braiins is a commercial technology company operating within the Bitcoin mining ecosystem by providing firmware, management systems, and mining tools. Headquartered in Prague, Czech Republic, the company specializes in software and infrastructure solutions for cryptocurrency miners.
Similar crypto/web3 company
Sphere 3D Corp.'s core business revolves around sustainable Bitcoin mining, aiming for carbon neutrality in its operations. Additionally, the company delivers data management solutions that support clients across hybrid cloud, public cloud, and on-site environments. These services are accessible both directly and through its extensive reseller channel and professional services team. The firm's diverse product portfolio includes the HVE-STACK, a high-density server serving as a compute and storage appliance for data centers; HVE-VELOCITY, a robust dual-enclosure storage area network (SAN) ensuring high availability, data integrity, and efficient data protection and recovery; HVE 3DGFX, a virtual desktop infrastructure offering; HVE STAGE, a server virtualization platform; and HVE VAULT, an appliance specifically engineered for backup and replication storage requirements. Moreover, customers benefit from comprehensive self-service tools and dedicated support. Sphere 3D Corp. maintains its headquarters in Toronto, Canada.
Similar crypto/web3 company
Hut 8 Corp. develops and operates an integrated platform of power, digital infrastructure, and compute assets. The company acquires and manages energy assets, designs and builds facilities for energy-intensive applications, and deploys specialized hardware to support technologies such as artificial intelligence and Bitcoin mining.
Cryptocurrency Mining
Vault Holding Corp operates a North American cryptocurrency mining and hosting platform that utilizes excess or stranded industrial power. The company provides mining hosting solutions designed to simplify cryptocurrency mining for clients while helping industrial facilities and utilities stabilize energy demand.
Similar crypto/web3 company
SATO Technologies Corp. is engaged in the digital currency mining industry within Canada. The company primarily utilizes specialized computing hardware to solve intricate computational problems, thereby validating transactions on various blockchain networks. A significant part of its operations involves contributing processing power specifically for Bitcoin mining. Furthermore, SATO Technologies Corp. offers hosting services for mining equipment and manages a dedicated data center optimized for digital asset mining activities. Established in 2017, the firm was previously identified as Canada Computational Unlimited Corp. and is headquartered in Toronto, Canada.
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