Canaan’s Q3 revenue plunges 90% to $14.5 million as bitcoin mining hardware sales slump
By James Hunt

Canaan's Q3 revenue fell 90% to $14.5 million, though cryptocurrency and derivatives gains supported an $8 million profit.
Read it in your languageMachine translation by Google of the publisher's page
More in Business
From the blog
Bitcoin
BlackRock IBIT Sees $1.66B in Outflows Across Seven Days
BlackRock IBIT outflows recorded its seventh straight day of outflows totaling $1.66 billion. US spot Bitcoin ETFs lost $201 million…
CFTC
Coinbase and Kalshi Support CFTC in Stock Derivatives Suit
Coinbase, Kalshi, and other corporations have filed an amicus brief defending the CFTC's authority to authorize single-stock perpetual futures amid…
ledger foundation
XRP Ledger Prepares Quantum-Resistant Accounts Without Extra Fees
The XRP Ledger Foundation is designing quantum-resistant accounts using ML-DSA-44 to protect against future quantum computing threats. The proposed solution…









