Bitcoin mining rig maker Canaan delivered a dramatic fourth-quarter turnaround, with revenue more than doubling as bitcoin miners rushed back into the market for new hardware, signaling renewed confidence after a sluggish stretch earlier in the year. Mining Hardware Demand Powers Canaan’s Fourth-Quarter Comeback Canaan Inc. reported fourth-quarter revenue of $196.3 million, a 121.1% increase […]
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Bitcoin Miners Get a Lifeline as Hashprice Explodes 20% Higher
Key TakeawaysBitcoin hashprice jumped 20.41% in 4 days, lifting miner revenue to $38.29 PH/s.Foundry USA leads 133 mining pools as...









