canaan creative

Political Fights At Another Leading Bitcoin Miner Manufacturer, Co-founder Leaves Board

Political Fights At One other Main Bitcoin Miner Producer, Co-founder Leaves Board

Studies from China point out that senior executives of Canaan creatives, considered one of main bitcoin miner producer, have been fired. The purge at Hangzhou workplaces was instigated by Zhang Nan Geng—the founder. Xiangfu Liu, the co-founder, has additionally reportedly left the board.  Commercial Energy Battle At Bitcoin Miner Producer Canaan The in-fighting–as a Twitter consumer …

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Canaan Narrows Q1 Loss to $5.6 Million Amid Weakening Demand for Mining Hardware

Canaan Narrows Q1 Loss to $5.6 Million Amid Weakening Demand for Mining {Hardware}

Bitcoin mining rig producer Canaan Artistic reported a web lack of $5.6 million for the primary quarter of 2020, down from $9.5 million a yr earlier. The Chinese language firm reduce costs of its ASIC-based machines by over 50% in an effort to enhance gross sales, however that wasn’t sufficient to stop the heavy loss. …

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