Bitcoin (BTC) $74,509.21 0.74%
Ethereum (ETH) $2,320.18 -0.57%
Tether (USDT) $1.00 -0.01%
Solana (SOL) 94.741499 -0.57%
Cardano (ADA) $0.29 0.42%
Chainlink (LINK) $9.81 -1.31%
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Polygon (MATIC) 0.25693 2.45%
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X-Cash (XCASH) 1.0E-5 0.65%
Dogecoin (DOGE) $0.00 2.60%

Cryptocurrencies: 28616

Markets: 116278

Market Cap: $2,542,029,384,291

24h Vol: $123,798,011,785

CoinTelegraph

2022-12-28 12:30:00

Canaan expects minor revenue drop in 2022 despite crypto mining crisis

Canaan expects minor revenue drop in 2022 despite crypto mining crisis

Crypto mining firm Canaan expects its annual RMB-denominated revenue to drop less than 15% despite the crypto market cap plummeting 70% in 2022.

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