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ASIC Maker Canaan Diversifies Into Bitcoin Mining in Kazakhstan

ASIC Maker Canaan Diversifies Into Bitcoin Mining in Kazakhstan

Canaan, one of the industry’s largest manufacturers of bitcoin mining machines, has decided to join in on the crypto dig and has set up a base of operations in Kazakhstan. In a press release on Wednesday, the company said it was diversifying its operations into bitcoin mining as well as continuing to sell mining rigs in a bid to help lift its financial performance.








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