Shares of this Bitcoin mining company are in free fall after third quarter loss – Cointelegraph

Shares of this Bitcoin mining company are in free fall after third quarter loss – Cointelegraph

The stock of one of China’s “big three” mining companies is in free fall on Monday after reporting another quarterly loss, underscoring operational challenges imposed by COVID-19. Canaan Creative, which manufactures mining rigs, released its third quarter financial results on Monday. The company posted a net loss of $ 12.7 million, or 54 cents per […]

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