Canaan Ends 1st Week on Nasdaq in Red, Bitmain Promotes Rigs Ahead IPO

The second largest producer of Bitcoin mining equipment, China-based Canaan, ended its first week on the Nasdaq exchange in red, while its main rival, another Chinese giant that is reportedly working on its own initial public offering (IPO), Bitmain, confirmed its plans to introduce two new types of mining rigs and launch repair centers worldwide.
As reported, Canaan Read more »
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