Canaan Posts Sharp Q4 Revenue Rebound as Bitcoin Mining Demand Heats Up

Bitcoin mining rig shaper Canaan delivered a melodramatic fourth-quarter turnaround, with gross much than doubling arsenic bitcoin miners rushed backmost into the marketplace for caller hardware, signaling renewed assurance aft a sluggish agelong earlier successful the year. Mining Hardware Demand Powers Canaan’s Fourth-Quarter Comeback Canaan Inc. reported fourth-quarter gross of $196.3 million, a 121.1% summation […]