Chinese bitcoin mining firm Canaan Creative (more commonly known by its brand Avalon), is being acquired for a reportedly princely sum of ¥3.06bn, approximately $466 million. It makes for a notable business deal in the bitcoin mining industry, perhaps the most notable yet. Beijing-based Canaan Creative, known for its bitcoin mining chip brand Avalon is […]
The post Chinese Bitcoin Mining Firm Canaan Acquired for $422 Million appeared first on CCN: Financial Bitcoin & Cryptocurrency News.
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