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.” You Might Also Like Price analysis 9/18: SPX, DXY, BTC, ETH, BNB, XRP, ADA, DOGE, TON, SOL September 18, 2023 5 things to expect from US jobs report data: numbers, warnings, and reactions August 21, 2024 LayerZero Foundation initiates buyback of 50 million ZRO from early backers September 23, 2025