This article first appeared in The Energy Mag. The original article can be viewed here. The Energy Mag (formerly The Miner Mag) provides news, data, and insights on the energy–compute–markets nexus. The company said Tuesday […]
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Key Takeaways Canaan Inc. won a competitive bid to deploy 8 MW of Avalon A1566HA units to a Nordic district heating network.The 8 MW project is expected to heat approximately 2,800 homes, replacing legacy fossil […]
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Bitcoin miner Canaan reported a net loss of $88.7 million for the first quarter of 2026, as falling Bitcoin (BTC) prices squeezed margins and triggered a significant inventory write-down. The company posted total revenue of […]
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Key Takeaways Cleanspark posted $136.4M in Q2 FY2026 revenue, a 24.9% year-over-year drop driven by Bitcoin price swings.A $224.1M non-cash Bitcoin fair value loss pushed Cleanspark’s net loss to $378.3M for the March 2026 quarter.CEO […]
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Key Takeaways All ten bitcoin mining stocks tracked fell on May 15, 2026, with Bitdeer dropping the most at 9.59%.Every miner on the list outperformed bitcoin’s negative 11.1% YTD return, led by Hut 8 at […]
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