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Canaan Inc.: Mined 87 BTC in April, total Bitcoin holdings increased to 1,424 BTC

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#Bitcoin
Odaily
272Words
May 14, 2025

Nasdaq-listed company Canaan Inc. released an unaudited Bitcoin mining update report as of April 30, 2025. In April, mining output was 87 $BTC, bringing the total Bitcoin holdings to 1,424 BTC. The deployed hash rate at the end of the month reached 8.15 EH/s. The Ethiopian mining farm experienced a minor power outage in April, but the uptime still reached 95%.

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