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I have been watching some BTC related companies recently and one caught my attention - Canaan. A few days ago they announced purchase orders of 100,000 mining m
by pthreads 6y ago
I have been watching some BTC related companies recently and one caught my attention - Canaan. A few days ago they announced purchase orders of 100,000 mining machines for 2021. Supposedly many were pre-paid.
Also of note was their claim that in late 2020 they shifted their client base from individual miners to mostly publicly traded companies.
I am not sure what to make of it. Maybe HN can chip in?
- dmichulke 6y agoI know that mining is creating more revenue than ever and that will attract new miners. https://cointelegraph.com/news/btc-miners-pocket-4m-in-60-minutes-the-highest-hourly-revenue-in-bitcoin-s-history https://cointelegraph.com/news/btc-miners-pocket-4m-in-60-mi...