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Canaan, one of the biggest manufacturers of bitcoin mining chips and devices, submitted a listing application to the HKEX.

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As newbies pour into the space, one of the most common questions is whether or not bitcoin mining is still profitable.

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Bitcoin mining is the means by which new Bitcoin is brought into circulation, the total of which is to be capped at 21 million BTC.

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The narrative is that Bitcoin can be safely ignored while its technology can be co-opted to.

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