Bitcoin Mining Machine Maker Canaan Plays Up Offshore Sales
Company announces two major new international orders over last two weeks as ongoing crackdown pressures sales in its home China market Key points: Canaan Inc.’s recent series of deals from…
BIT Mining’s Rapid Move into Crypto Space Shows Early Signs of Depth
Former lottery ticket seller’s stock follows highly volatile bitcoin price, as its new business model shows positive results Key points: To survive in its new form as crypto miner BIT…
Cryptocurrency Wannabe Ebang Mines Investors for Funds with Talk of Transformation
Mining machine manufacturer moves into exchange operation and mining business in bid to pump up modest revenue base Major takeaways: Ebang is a company trying to transform from a minor…
500.com Rolls the Dice on Bitcoin
Former lottery ticket seller reinvents itself as a virtual currency miner (more…)