TechFlow news, January 21 — Bitcoin mining equipment manufacturer Canaan Inc. released its Bitcoin mining operations data for December 2024 and provided financial guidance for the 2025 fiscal year.
The company expects total revenue for the 2025 fiscal year to be between $900 million and $1.1 billion. As of the end of December 2024, the company operated seven active mining farms globally, with a total deployed computing power of 5.44 EH/s, of which 4.75 EH/s was operational. The company plans to achieve 10 EH/s of mining capacity in North America by mid-2025, with total global computing power reaching 15 EH/s.




