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This Bitcoin mining company’s stock is in free fall following Q3 loss

The third quarter was tough for mining rig manufacturers as the impact of COVID-19 continued to weigh heavily on the space. The stock of one of China’s "Big Three" mining firms is in free fall Monday after reporting another quarterly loss, underscoring the operating challenges imposed by COVID-19. Canaan Creative, which manufactures mining rigs, released its third-quarter financial results Monday.
Coin Telegraph - 30th Nov 19:11