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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Binance Pulls the Plug on Bitcoin Mining After 6-Year Run
Key TakeawaysBinance is pulling the plug on Binance Pool and its related mining services on Nov. 10, ending a six-year...




