Canaan’s VP Leo Wang defined the US go was about both keeping away from tariffs and reducing buyer prices, but hefty expenditure was remaining held back a result of the unpredictability of trade coverage.

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This go also signals a broader business development of diversifying production spots to adapt to shifting trade and regulatory landscapes.

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Bitmain will use a twin class share construction, which suggests the share held by firm's founders would depend as 10 votes. This construction may give founders more control over the corporation.

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Bitmain's expertise in ASIC chips makes it A significant player inside the business, and It is really poised to take advantage of the predicted progress of ASIC clouds.

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