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Canaan’s mining revenue rises 3.3% in Q1 while overall revenue declines

By Oluwapelumi Adejumo at 2026-05-09 20:51

Sentiment: Positive

Bitcoin (BTC) miner Canaan reported a 3.3% increase in its mining revenue for the first quarter, according to a May 26 statement. Mining revenue According to Canaan, it generated $11.1 million in mining revenue between January 1 and March 31. This represents a 3.3% increase from the $10.7 million it raised during the fourth quarter […] The post Canaan’s mining revenue rises 3.3% in Q1 while overall revenue declines appeared first on CryptoSlate. Continue reading...

Categories: Mining

Tags: #Mining #bitcoin #Bitcoin mining #Canaan

Source CryptoSlate