Bitcoin Mining Giant Canaan said there was $ 12 mi
Bitcoin Mining Giant Canaan said there was $ 12 mi

Bitcoin Mining Giant Canaan said there was $ 12 mi

Cryptocoin - Hangzhou-based bitcoin mining devices maker Canaan reported a net loss of $ 12.7 million in the third quarter despite the Bitcoin price surge. The company published an unaudited financial report on November 30th. Canaan made a net income of $ 24 million in the third quarter of this year. This number indicates a 75.7% decrease compared to $ 100 million in the same period last year. High Drop As a result of the sharp revenue decline, the company suffered a net loss of $ 12.7 million compared