[Golden Finance] Golden Finance reports that Bitcoin ASIC Mining Rig manufacturer Canaan Technology has completed pilot production in the United States and has announced the abandonment of its AI hardware manufacturing work in order to focus on strategic adjustments. A representative from Canaan Technology acknowledged that although production costs in the United States are relatively high, the company believes "this move is not only a way to hedge tariffs but also a potential strategic investment in long-term resilience."
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MidnightGenesis
· 21h ago
The monitoring shows... the S&P has actually closed all positions in the AI zone.
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GateUser-a606bf0c
· 21h ago
It's really the Mining Rig that makes a lot of money.
Canaan Creative abandons AI business and focuses on Bitcoin mining rig trial production in the US.
[Golden Finance] Golden Finance reports that Bitcoin ASIC Mining Rig manufacturer Canaan Technology has completed pilot production in the United States and has announced the abandonment of its AI hardware manufacturing work in order to focus on strategic adjustments. A representative from Canaan Technology acknowledged that although production costs in the United States are relatively high, the company believes "this move is not only a way to hedge tariffs but also a potential strategic investment in long-term resilience."