Canaan Inc. Provides September 2026 Bitcoin Production and Mining Operation Updates
Canaan mined 44 BTC in September, bringing its treasury to 1,875 BTC, with non-JV installed hashrate stable at 10 EH/s and JV hashrate at 4.87 EH/s. The company's 8 MW Nordic district heating project is now fully operational, delivering recovered computing heat to roughly 2,800 homes, while an average all-in power cost of US$0.043/kWh was reported. Can also disclosed it has monetized 3,952 ETH and 54.5 BTC for approximately US$13.9 million, of which US$5.4 million funded the repurchase of 13.6 million ADSs in late August; YTD repurchases total about 16.4 million ADSs.
Key figures
- Btc holdings
- 1875
- Btc monetized
- 54.5
- Eth monetized
- 3952
- Btc mined month
- 44
- Nordic heating mw
- 8
- Revenue split pct
- 60.5%
- Buyback deployed usd
- 5400000
- Total installed power mw
- 244.9
- All in power cost usd kwh
- 0.043
- Jv installed hashrate ehs
- 4.87
- Jv operating hashrate ehs
- 4.18
- Monetization proceeds usd
- 13900000
- Ads repurchased ytd millions
- 16.4
- Non jv installed hashrate ehs
- 10
- Ads repurchased late august millions
- 13.6
AI analysis
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