Canaan Mined 46 BTC in July Amid Joint Venture Disruptions

Canaan Inc., a leading Bitcoin mining company, has released its July 2026 output and treasury holdings. The company mined 46 BTC in July, while holding 1,917 ETH and 3,952 LTC in its cryptocurrency treasury at month-end.

The North American non-joint venture fleet maintained an average miner efficiency of 17.9 J/TH during the month. Joint venture operations increased operating hashrate to 4.20 EH/s and installed hashrate to 4.85 EH/s at month-end, following disruptions from a wildfire at the Alborz facility.

Canaan operates 12 active mining projects globally with total operating computing power of 14.24 EH/s and installed computing power of 14.89 EH/s as of July 31, 2026.