Leading Chinese cryptocurrency miner manufacturer Canaan appears to have no problem with the local cryptocurrency ban, as the company’s overall performance continued to grow in 2022. Canaan officially announced its financial results for the second quarter of 2022 on Thursday, reporting a 117% increase in gross profit over the same period of 2021. According to the company, second-quarter profits totaled 930 million renminbi ( RMB), or nearly $139. million. The company’s net income in the second quarter was RMB 608 million, or US$91 million, or an increase of 149% from the RMB 425 million in the same period last year....