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ASIC mining manufacturer Canaan plans to begin its first mining operation in Kazakhstan.

ASIC mining manufacturer Canaan plans to begin its first mining operation in Kazakhstan.


Coinnounce
2021-06-23 09:34:08

The NASDAQ-listed ASIC mining manufacturer Canaan Inc. plans to accumulate Bitcoin directly and optimize its revenue streams by expanding into self-hosted mining operations. The Chinese crypto mining hardware producer giant, which currently has a market cap of over $1.3 billion and projected Q2 revenues of $250 million, is venturing into Bitcoin mining. In a press […]


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