Despite 82% drop in quarterly revenue, Bitcoin mining hardware manufacturer Canaan remains optimistic

Canaan, a Chinese manufacturer of application-specific integrated circuit (ASIC) mining machines for Bitcoin, reported an 82% drop in revenue in Q4 2022, according to a filing with the United States Securities and Exchange Commission on March 7. Canaan revenues fall The quarterly dip was…#canaan #asic #nangengzhang #canaans #singapore #kazakhstan #cryptoslate
Source: Reuters: Health - Category: Consumer Health News Source Type: news