The Block·James Hunt·2h ago

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

Canaan's Q3 revenue fell 90% to $14.5 million, though cryptocurrency and derivatives gains supported an $8 million profit.

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💬 Discussion: Canaan’s Q3 revenue plunges 90% to $14.5 million as bitcoin mining hardware sales slump Canaan's Q3 revenue fell 90% to $14.5 million, though cryptocurrency and derivatives gains supported an $8 million profit.

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