Tag: Canaan

0 22
Posted in Crypto Update

Canaan secures new financing as revenue falls 55% in Q3

Bitcoin (BTC) miner Canaan is seeking new capital amid a slump in its revenue and bottom line….

0 29
Posted in Crypto Update

Bitcoin to hit $100K in 2024? Canaan VP weighs up 2024 halving opportunities

Executives from prominent mining and manufacturing firms believe market forces resulting from the fourth Bitcoin halving scheduled…

0 23
Posted in Crypto Update

Historic Bitcoin mining revenue fails to offset Canaan Q2 financial loss

Bitcoin (BTC) miner Canaan‘s second-quarter financial report showed that the firm operated at a loss during the…