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Bitcoin Mining Rigs

NEWS

Canaan (CAN) Swings to an $8 Million Profit on Bitcoin Gains as Rig Sales Collapse 96%

Micah Zimmerman -
Canaan's mining-machine sales fell to $4.8 million from $118.6 million a year earlier, but a $51.9 million fair-value gain turned an operating loss into $8.0 million of net income.
BUSINESS

As Bitcoin Price Falls, Is Now The Time To Buy Mining Rigs?

Zack Voell -
The drop in bitcoin price means mining rigs are on sale and prospective buyers may see big discounts before the summer ends.
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