Canaan reports decline in Bitcoin production in June

4 hours ago 2
  • Canaan (NASDAQ:CAN) on Monday announced that it mined 88 bitcoins in June, representing over 19% month-over-month decline.
  • The firm's month-end operating hashrate stood at 6.57 EH/s, while its average all-in power cost came in at $0.045/kWh.
  • "We continued to build

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