Canaan’s Q2 2020 Financial Performance: Rising Profits, Narrowing Losses and ASIC Power Surge
Canaan’s Q2 2020 financial results reveal growing profits, but the company still faces a narrowing net loss and significant market challenges.
Bitmain Scales Back Mining Operations in Texas Amid Cryptocurrency Market Downturn
Bitmain temporarily halts operations in Rockdale, Texas amid Bitcoin price drop and layoffs, but future plans might still be in the works.