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[Canaan More Than Doubles Sales in Q4 of Last Year] Bitcoin mining hardware manufacturer Canaan announced its Q4 earnings report, reporting $196 million in revenue for the period. According to The Block, this represents a 121% increase year-over-year and marks the highest quarterly revenue in three years. Mining volume reached 300 BTC in Q4, generating $30.4 million in revenue. As of the end of December, Canaan held 1,750 BTC and 3,951 ETH. Canaan stated, "Beyond our mining hardware business, we will focus more on computing and energy infrastructure." coinness.com/news/1149358

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