BTC logo
BTC
$105,863.97
2.55%
ETH logo
ETH
$3,761.25
3.92%
USDT logo
USDT
$1.0003
0.02%
BNB logo
BNB
$1,059.04
6.82%
XRP logo
XRP
$2.2688
3.73%
SOL logo
SOL
$178.98
4.67%
USDC logo
USDC
$1.0001
0.00%
TRX logo
TRX
$0.3062
3.69%
DOGE logo
DOGE
$0.1819
3.95%
ADA logo
ADA
$0.6152
5.64%
USDE logo
USDE
$0.9996
0.03%
HYPE logo
HYPE
$34.58
6.62%
LINK logo
LINK
$16.31
7.65%
XLM logo
XLM
$0.3000
4.92%
BCH logo
BCH
$462.73
9.54%
WBT logo
WBT
$40.31
2.40%
LEO logo
LEO
$9.3623
2.64%
SUI logo
SUI
$2.3814
8.15%
AVAX logo
AVAX
$19.65
7.10%
LTC logo
LTC
$89.09
2.99%
BTC logo
BTC
$105,863.97
2.55%
ETH logo
ETH
$3,761.25
3.92%
USDT logo
USDT
$1.0003
0.02%
BNB logo
BNB
$1,059.04
6.82%
XRP logo
XRP
$2.2688
3.73%
SOL logo
SOL
$178.98
4.67%
USDC logo
USDC
$1.0001
0.00%
TRX logo
TRX
$0.3062
3.69%
DOGE logo
DOGE
$0.1819
3.95%
ADA logo
ADA
$0.6152
5.64%
USDE logo
USDE
$0.9996
0.03%
HYPE logo
HYPE
$34.58
6.62%
LINK logo
LINK
$16.31
7.65%
XLM logo
XLM
$0.3000
4.92%
BCH logo
BCH
$462.73
9.54%
WBT logo
WBT
$40.31
2.40%
LEO logo
LEO
$9.3623
2.64%
SUI logo
SUI
$2.3814
8.15%
AVAX logo
AVAX
$19.65
7.10%
LTC logo
LTC
$89.09
2.99%
Finance
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Bitcoin Mining Rig Maker Canaan Sees 'Prolonged Headwinds' After Challenging Quarter

CEO Nangeng Zhang cited a slumping bitcoin price and COVID-19 lockdowns in China.

By Jamie Crawley
Updated May 11, 2023, 6:49 p.m. Published Aug 18, 2022, 10:42 a.m.
Mining rigs (Fran Velasquez/CoinDesk)
Mining rigs (Fran Velasquez/CoinDesk)