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Why the crypto mining industry may see its first big change since 2014

Internal struggles at Bitmain, the biggest Bitcoin mining equipment maker in the world, are persisting. It is opening up the global crypto-mining industry to new entrants for the first time since 2014.
Canaan, the other dominant Bitcoin mining equipment manufacturer listed on the Nasdaq, is also finding it challenging to uplift their operations.

The stock price of Canaan declined from $8.98 to $2.12, dropping by 76 percent since its listing on the U.S. stock market just seven months ago.