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Despite incredibly long odds, someone scored a $200K BTC block reward after spending just $75 to rent Bitcoin mining power.
Canaan (CAN) acquired Cipher Mining’s 49% stake in three West Texas mining projects for $39.75 million in shares, giving Cipher a significant equity stake in Canaan.
Canaan Inc. (CAN), a manufacturer of bitcoin mining hardware and an operator of crypto mining infrastructure, said it bought ...