Canaan Inc. Provides May 2026 Bitcoin Production and Mining Operation Updates
Canaan mined 90 BTC in May 2026, bringing its total cryptocurrency treasury to a record high of 1,867 BTC and 3,952 ETH. Operational efficiency improved significantly, with North American fleet efficiency reaching 17.9 J/TH (up ~11% YoY) and global average efficiency at 23.7 J/TH (up 13.5% YoY).
Key figures
- Power cost
- US$0.043/kWh
- Btc mined jv
- 45
- Btc treasury
- 1867
- Eth treasury
- 3952
- Na efficiency
- 17.9 J/TH
- Btc mined self
- 90
- Global efficiency
- 23.7 J/TH
- Btc mined customer
- 24
- Installed hashrate jv
- 4.82 EH/s
- Operating hashrate jv
- 2.83 EH/s
- Nordic contract capacity
- 8 MW
- Installed hashrate non jv
- 10.05 EH/s
- Operating hashrate non jv
- 6.47 EH/s
AI analysis
Red flags2 · Pro
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.