Canaan (CAN) Provides Updates on Its Bitcoin Mining Operations
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Canaan Inc. Provides Updates on Its Bitcoin Mining Operations
August 18, 2023 8:45 AM EDTSINGAPORE, Aug. 18, 2023 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company" or "We"), a leading high-performance computing solutions provider, today announced that the challenges set forth below may adversely impact the Company's bitcoin generation and revenue from its mining activities, primarily due to reduced uptime, beginning in the third quarter of 2023.
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