11-22-2024
BSV
$68.42
Vol 160.77m
-9.57%
BTC
$99201
Vol 101658.97m
2.39%
BCH
$494.91
Vol 1461.91m
-4.57%
LTC
$89.88
Vol 1180.41m
-0.17%
DOGE
$0.39
Vol 10019.08m
2.29%

James Jin Cheng

BTC miner Canaan posts $110M net loss in Q2 despite improved revenues
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1 September, 2023

BTC miner Canaan posts $110M net loss in Q2 despite improved revenues

Canaan recorded $110 million in losses despite hitting an uptick in revenue at $74 million, with inventory write-down and equipment...
Canaan Q4 revenue drops 80% as demand for block reward miners dips
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10 March, 2023

Canaan Q4 revenue drops 80% as demand for block reward miners dips

Canaan saw its total computing power sold dip 75% from Q4 2021, with revenue taking a similar dip, but its...
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