Nangeng Zhang
BTC miners cheer network difficulty decline, jeer token price decline
BTC mining difficulty drops over 11% while Cango sells thousands of BTC to strengthen its balance sheet and pivot towards...
Block reward miners face the worst economics in BTC history
BTC miners face unprecedented challenges with plummeting profits, rising costs, and a shift towards AI, marking a critical moment in...
Some block reward miners ditch AI for BTC; others ditch BTC for ETH
Some block reward miners are making strategic moves as they figure out how to turn a profit from this sector;...
BTC miner Canaan records $80 million Q3 loss
Canaan cited a dip in the price of BTC and a slowdown in the ASIC rig sales for its loss...
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
Canaan saw its total computing power sold dip 75% from Q4 2021, with revenue taking a similar dip, but its...
