Bitcoin Mining Rig Maker Canaan Sees 'Prolonged Headwinds' After Challenging Quarter

2022-8-19 13:42

Supercomputing services provider Canaan (CAN) said Q2 revenue increased by 53% from the year-earlier quarter, but warned of the downward pressure on its performance from the tougher market conditions in the quarters ahead.

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Bitcoin mining rig manufacturer Canaan posted net loss, CEO cites Covid-19 and BTC halving 

Canaan Inc, a leading Chinese Bitcoin mining hardware manufacturer published its unaudited second quarter (2020) financial results. As per the report, the company’s gross profit increased year over The post Bitcoin mining rig manufacturer Canaan posted net loss, CEO cites Covid-19 and BTC halving  appeared first on AMBCrypto.

2020-9-1 01:11