Canaan, a Chinese manufacturer of application-specific integrated circuit (ASIC) mining machines for Bitcoin, reported an 82% drop in revenue in Q4 2022, according to a filing with the United States Securities and Exchange Commission on March 7.
The post Despite 82% drop in quarterly revenue, Bitcoin mining hardware manufacturer Canaan remains optimistic appeared first on CryptoSlate.
Trade Forex like a professional with this excellent regulated broker
Learn About Cryptocurrencies
Keep Your Crypto Secure
