PANews reported on May 14th that Canaan Creative released its latest operating data, showing that its self-operated mining business produced 90 BTC in April and received an additional 3 BTC in customer payments. As of April 30th, the company held 1826 BTC and 3952 ETH, a record high.

The report shows that by the end of April, Canaan Technology's non-joint venture businesses had installed computing power of 10.97 EH/s, a year-on-year increase of 34.6%; and operational computing power of 6.86 EH/s. Its West Texas joint venture project had installed computing power of 4.82 EH/s, operational computing power of 4.35 EH/s, and an installed power capacity of 120MW. The company's average comprehensive electricity cost in April was US$0.044/kWh.

In addition, the company disclosed that it received a new batch of high-density mining hashboard orders from Tether on April 28. The products will be used in the next generation of immersion-cooled mining and computing systems and are planned to be deployed in Tether-affiliated mining farms in South America.