The Bitcoin market has been drowning the red sea along with its counterparts. Amidst constantly crashing projects, the mining industry hasn’t been very profitable. While several filed for bankruptcy a few others have been recording nothing but losses. Canaan, a popular Bitcoin mining platform, revealed that its net income during the third quarter plummeted by 88 percent.
In a recent report, it was brought to light that the firm’s Q3 net income dropped to 6.11 million yuan or $8.6 million when co
In a recent report, it was brought to light that the firm’s Q3 net income dropped to 6.11 million yuan or $8.6 million when co
