[Canaan Technology's Q3 Revenue Plunge 90% Year-on-Year to $14.5 Million] Odaily reports that Bitcoin mining machine manufacturer Canaan Technology's third-quarter revenue plummeted 90% year-on-year to $14.5 million, with mining equipment revenue declining by 96%. Despite recording an operating loss of $42.9 million, the company ultimately achieved a net profit of $8 million, driven by a fair value gain of approximately $52 million from cryptocurrencies and derivatives. (The Block)