Why mining rig company Canaan is planning $2 bn IPO in wobbly bitcoin world

Why mining rig company Canaan is planning $2 bn IPO in wobbly bitcoin world Bitcoin prices have fallen 40 percent this year, hurting margins for miners Last Updated at May 22, 2018 06:49 IST email this article Type address separated by commas Your Email: Enter the characters shown in the image. Send me a copy: Ready-made cryptocurrency mining kits lure more than geeks in Singapore
Bitcoins are worth less than half of what they were in December. Mining them is 60 percent less profitable than it w…

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