Canaan July Mining Yields 46 BTC, Total Holdings Reach 1,917 BTC

Canaan mined 46 BTC in July, bringing total holdings to 1,917 BTC and 3,952 ETH. Operational hash rate stands at 14.24 EH/s with authorized ADS buybacks.

Woofun AI reports that Canaan produced 46 BTC through mining operations during July. By the end of the month, the firm's digital asset reserves totaled 1,917 BTC and 3,952 ETH. The company maintained a global operational hash rate of 14.24 EH/s against an installed capacity of 14.89 EH/s. Management retains approval to liquidate portions of these reserves to execute ADS share buybacks.