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Canaan’s 2Q mining revenue jumps 43% on 1Q, but net loss climbs 31%

August 29, 2023 by DIGIT
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Bitcoin mining firm Canaan posts second quarter financials, with Bitcoin mining revenue up 43% from Q1 2023, though net loss also rose 31% to $110 million.

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Categories Bitcoin, BTC Mining, Canaan, mining, Q2, revenue
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  • binancecoinBNB(BNB)$612.490.22%
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  • solanaSolana(SOL)$78.50-2.06%
  • tronTRON(TRX)$0.2801210.46%
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  • bitcoinBitcoin(BTC)$66,184.00-2.06%
  • ethereumEthereum(ETH)$1,941.36-1.17%
  • tetherTether(USDT)$1.00-0.01%
  • binancecoinBNB(BNB)$612.490.22%
  • rippleXRP(XRP)$1.35-1.97%
  • usd-coinUSDC(USDC)$1.000.00%
  • solanaSolana(SOL)$78.50-2.06%
  • tronTRON(TRX)$0.2801210.46%
  • Figure HelocFigure Heloc(FIGR_HELOC)$1.04-0.40%
  • dogecoinDogecoin(DOGE)$0.0925230.91%