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    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

    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.”

    Continue ReadingCanaan exec says opportunity outweighs crisis as Bitcoin miners struggle with shrinking profits
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