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Miners Report Strong Earnings Amid Bitcoin Rally
Airdrop and Ways to earn money
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Canaan isn’t the only miner seeing momentum. HIVE Digital posted a 285% earnings increase, while BitFuFu doubled its Q3 revenue thanks to rising demand for cloud mining and hardware.
Canaan itself generated $30 million from mining, up 241% year-over-year, though it still reported a $27 million net loss. The company mined 267 BTC in Q3 and boosted its holdings to 1,610 BTC by the end of October.
