Canaan Creative’s Financial Rollercoaster: From Promising Revenues to Significant Losses
Canaan Creative faces significant losses despite strong revenue in 2019, prepping for an IPO amid a robust Bitcoin hash rate. Insights into the rollercoaster of profits and losses.
China’s Shift in Stance: No Crackdown on Bitcoin Mining
China has officially removed Bitcoin mining from its undesirable industries list, raising optimism for the cryptocurrency market.
Bitmain Technologies Makes a Stealthy Move Towards IPO Filing in the U.S.
Bitmain Technologies discreetly files for IPO with SEC, backed by Deutsche Bank. Discover the implications and hurdles of this move.
Russian Mining Company Aims to Capture 20% of Bitcoin Market with New Facility
RMC plans to transform a factory into a Bitcoin mining hub, targeting 20% of the international market in the growing competition.
Layer1 Secures $50 Million to Build a Wind-Powered Bitcoin Mining Facility in Texas
Layer1 secures $50 million to build a wind-powered Bitcoin mining facility in Texas, aiming for sustainable crypto operations.
Bitmain’s Game Plan: 50% Capacity Surge in Bitcoin Mining
Bitmain plans a 50% capacity increase in Bitcoin mining with a massive chip order. Will this turn the tide for their operations?
INX Limited’s Ambitious IPO: Aiming for the Stars in Crypto Trading
INX Limited is targeting to raise between $5 million and $130 million through an IPO as it enters the regulated crypto trading landscape.
Bitmain’s $625 Million Loss in 2023: What it Means for the Cryptocurrency Mining Landscape
Bitmain reported a $625 million loss in early 2023. Discover how outdated products impacted profits and the future with new ASIC miners.
Canaan Creative Takes the Lead: A $200 Million IPO Filing with U.S. Regulators
Canaan Creative leads the charge with a $200 million IPO filing with the U.S. SEC, surpassing rivals like Bitmain. What’s next in the Bitcoin mining saga?
Navigating IPO Waters: Insights from HKEX on Bitmain and the Crypto Landscape
HKEX CEO discusses IPO clarity amidst Bitmain’s struggles in the crypto sector. Discover key insights on regulation and business consistency.