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 UTC

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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