Canaan Technology: April Mining Output of 87 BTC, Total Bitcoin Holdings Increase to 1,424
Nasdaq-listed company Canaan Inc. released an unaudited Bitcoin mining update report for the period ending April 30, 2025, disclosing that April's mining output was 87 BTC, bringing the total Bitcoin holdings to 1,424, with the hash rate deployed at the end of the month reaching 8.15 EH/s.
Additionally, Canaan Inc. disclosed that its mining facility in Ethiopia experienced minor power interruptions in April, but the uptime still reached 95%.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Ant International partners with Visa (V.US) and Mastercard (MA.US) to jointly launch AI agent payment trust system
Fintech company Ant International announced on Thursday that it has reached a partnership with Visa and Mastercard to jointly establish new standards for AI agent payments, betting that consumers and businesses will increasingly use AI agents to complete transactions.


Hagerty prices upsized secondary offering of 9,250,000 Class A shares at $11.95 each
BKV prices upsized USD 500 million convertible senior notes offering
