TechFlow news, on July 14, Canaan Technology announced mining business data for June 2026: a total of 64 Bitcoins were mined during the month. As of June 30, crypto asset reserves increased to 1,915 Bitcoins and 3,952 Ethereums, both at high levels. The company's global operational hashrate is 7.45 EH/s, deployed hashrate is 14.86 EH/s, and the average all-in power cost for the month was 0.043 USD/kWh.
The Alborz joint venture facility, previously affected by wildfires, has significantly recovered as of June. Additionally, it was disclosed that the company completed the transfer to the Nasdaq Capital Market on July 1, with the stock ticker remaining CAN, and has applied for an additional 180-day compliance period to restore the minimum bid price requirement.
