Canaan Technology's self-operated mining produced 90 BTC in May, and its holdings of BTC and ETH reached a new high.

PANews reported on June 11th that, according to PR Newswire, Canaan Technology released its Bitcoin mining and operation data for May 2026: 90 BTC were mined through self-operated mining that month, with an additional 24 BTC from customer payments. At the end of the period, the company held approximately 1,867 BTC and 3,952 ETH, a record high. The company's self-operated installed hashrate at the end of the period was 10.05 EH/s, and its operating hashrate was 6.47 EH/s. The average energy efficiency of its self-operated mining machines in North America improved to 17.9 J/TH, an improvement of approximately 11% year-on-year, while the global average energy efficiency was 23.7 J/TH, an improvement of 13.5% year-on-year. Canaan also disclosed that its joint venture project with WindHQ in Texas was temporarily hampered by wildfires, but is expected to fully resume by mid-June. The company is also expanding its "hashrate heating" project in Northern Europe and its cooperation with Tether on immersion-cooled mining machines.

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