⛏️ Co-Founder quits Avalon mining chip maker Canaan over ‘differences’

Co-founder and board member Xiangfu Liu has left Chinese crypto mining company Canaan Creative over strategic vision disagreements. Liu, who has been on the board since 2013, believes the company should move into mining like competitor Bitmain while the remainder of the board disagrees. Liu has a 17.6% stake in Canaan.

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