Mining giant Canaan Creative is set to launch its IPO later this month. The Avalon miner maker proceeds with its IPO despite massive devaluations. The company appears to be betting on a strong bull market, which would dramatically increase demand for mining equipment. Bitcoin mining is a delicate balance of these three factors: equipment efficiency, […]The post Canaan’s American IPO Is a $100 Million Bet on a Bitcoin Bull Market appeared first on CCN.com
