This bear market is proving to be especially tough for Bitcoin miners, but Canaan senior vice president Edward Lu says the industry is “evolving toward a positive long term.”
Canaan exec says opportunity outweighs crisis as Bitcoin miners struggle with shrinking profits
- Post author:MiamiCrypto
- Post published:August 22, 2022
- Post category:ASIC / Avalon / Bitcoin Halving / Bitcoin Industry / Bitcoin Mining / Bitcoin Price / Bitcoin Regulation / Canaan / China / Cryptocurrencies / Energy / Energy Consumption / Hash Rate / Interview / Markets / Mining / Renewable Energy / Stranded Energy