HashMining News

Bitcoin mining firm Canaan posts second quarter financials, with BTC mining revenue up 43% from Q1 2023, though net losses also rose 31% to $110 million.

New York-based Foundry USA contributed to a 15.42% share of the network hash rate and is just 4,000 PH/s behind AntPool.

The crypto mining company has been on an absolute tear this month. On Thursday, the stock corrected sharply lower.

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