Canaan Inc. reported mining 44 Bitcoin in September 2026, increasing its treasury balance to 1,875 BTC at month-end. The company's non-joint venture installed hashrate remained stable at 10 EH/s with an operating rate of 10 EH/s, while joint venture operations maintained 4.87 EH/s installed and 4.18 EH/s operating. Average all-in power costs were US$0.043/kWh. Additionally, the company's 8 MW Nordic district heating project is now fully operational, delivering heat to approximately 2,800 homes. Canaan Inc. designs ASIC high-performance computing chips and produces mining equipment.
