Canaan (CAN) Provides Updates on Its Bitcoin Mining Operations

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Go back to Canaan (CAN) Provides Updates on Its Bitcoin Mining Operations

Canaan Inc. Provides Updates on Its Bitcoin Mining Operations

August 18, 2023 8:45 AM EDT

SINGAPORE, 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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