Canaan Inc. is a service provider of supercomputing solutions, primarily known for its development and manufacture of high-performance computing hardware and software. The company specializes in blockchain servers and customized IC (integrated circuit) designs. Founded in 2013 and based in China, Canaan is a significant player in the cryptocurrency mining industry, particularly with its development of ASIC (application-specific integrated circuits) for Bitcoin mining. The company is committed to advancing computing technology and providing innovative solutions to enhance the efficiency and performance of blockchain networks.